WESTBOROUGH FINANCIAL SERVICES INC 4
4 · WESTBOROUGH FINANCIAL SERVICES INC · Filed Dec 22, 2006
Insider Transaction Report
Form 4
MACDONOUGH JOSEPH F
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2006-12-21$10.31/sh+9,600$98,995→ 13,400 total - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2006-12-21−1,920→ 0 totalExercise: $10.31From: 2002-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2006-12-21−1,920→ 0 totalExercise: $10.31From: 2003-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2006-12-21−1,920→ 0 totalExercise: $10.31From: 2004-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2006-12-21−1,920→ 0 totalExercise: $10.31From: 2005-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
[F2]2006-12-21−1,920→ 0 totalExercise: $10.31From: 2006-01-25Exp: 2011-01-25→ Common Stock (1,920 underlying)
Holdings
- 314(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 1,741(indirect: By IRA)
Common Stock, par value $0.01 per share
- 1,679(indirect: By 401(k))
Common Stock, par value $0.01 per share
- 3,500
Common Stock, par value $0.01 per share
[F1] - 1,604(indirect: By ESOP)
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]Joint with Spouse
- [F2]Reflects stock options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan.
Signature
/s/ Joseph F. MacDonough|2006-12-21