COTTING WILLIAM W JR 4
4 · WESTBOROUGH FINANCIAL SERVICES INC · Filed Nov 26, 2003
Insider Transaction Report
Form 4
COTTING WILLIAM W JR
Director
Transactions
- Exercise/Conversion
Stock Option, right to buy
2003-11-25−200→ 0 totalExercise: $10.31From: 2002-01-25Exp: 2011-01-25→ Common Stock (200 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2003-11-25$10.31/sh+200$2,062→ 1,380 total
Holdings
- 270
Common Stock, par value $.01 per share
- 200
Stock Option, right to buy
Exercise: $10.31From: 2003-01-25Exp: 2011-01-25→ Common Stock (200 underlying)
Footnotes (2)
- [F1]Reflects a restricted stock award granted to the reporting person under the Westborough Financial Services, Inc. 2001 Recognition and Retention Plan. These shares are held in trust on behalf of the reporting person, subject to vesting. The restricted stock award will vest in three equal annual installments, with the next installment scheduled to vest on April 30, 2004.
- [F2]Reflects Stock Options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan.