4//SEC Filing
MACDONOUGH JOSEPH F 4
Accession 0001228556-05-000001
CIK 0001087843other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 2:32 PM ET
Size
16.0 KB
Accession
0001228556-05-000001
Insider Transaction Report
Form 4
MACDONOUGH JOSEPH F
DirectorPresident and CEO
Transactions
- Sale
Common Stock, par value $0.01 per share
2004-12-07$30.75/sh−500$15,375→ 814 total(indirect: By Spouse)
Holdings
- 3,500
Common Stock, par value $0.01 per share
- 3,800
Common Stock, par value $0.01 per share
- 1,096(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 1,741(indirect: By IRA)
Common Stock, par value $0.01 per share
- 1,920
Stock Option (Right to Buy)
Exercise: $10.31From: 2002-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying) - 1,679(indirect: By 401(k))
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]Joint with spouse
- [F2]Includes 2,280 shares which reflects the vested restricted stock award granted to the reporting person under the Westborough Financial Services, Inc. 2001 Recognition and Retention Plan. These shares were awarded to the reporting person and are held in trust on behalf of the reporting person, subject to vesting. The remaining portion of the restricted stock awards vest as follows: 760 shares each on April 30, 2005 and 2006.
- [F3]Consists of shares allocated to the reporting person's account under the Employee Stock Ownership Plan of Westborough Financial Services, Inc. (the "ESOP") as of December 31, 2003. Pursuant to Rule 16a-3(f)(1)(i)(B), this non-discretionary transaction occurring under the ESOP, a tax-qualified plan, is exempt from the reporting requirements of Section 16(a) of the Securities and Exchange Act of 1934, as amended.
- [F4]Reflects stock options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan.
Documents
Issuer
WESTBOROUGH FINANCIAL SERVICES INC
CIK 0001087843
Entity typeother
Related Parties
1- filerCIK 0001228556
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 2:32 PM ET
- Size
- 16.0 KB