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4//SEC Filing

WESTBOROUGH FINANCIAL SERVICES INC 4

Accession 0001228559-07-000001

CIK 0001087843other

Filed

Aug 28, 8:00 PM ET

Accepted

Aug 29, 5:02 PM ET

Size

11.1 KB

Accession

0001228559-07-000001

Insider Transaction Report

Form 4
Period: 2007-08-24
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.01 per share

    2007-08-24$35.00/sh90$3,1500 total(indirect: As Custodian Under the UTMA)
  • Disposition to Issuer

    Common Stock, par value $0.01 per share

    2007-08-24$35.00/sh660$23,1000 total
  • Disposition from Tender

    Stock Option (Right to Buy)

    2007-08-247000 total
    Exercise: $10.31Exp: 2011-01-25Common Stock (700 underlying)
  • Disposition to Issuer

    Common Stock, par value $0.01 per share

    2007-08-24$35.00/sh1,500$52,5000 total(indirect: By IRA)
Footnotes (3)
  • [F1]Pursuant to Agreement and Plan of Merger among Assabet Valley Bancorp, HudWest Financial Services, Inc., Hudson Savings Bank and Westborough Bancorp, MHC, Westborough Financial Services, Inc. and The Westborough Bank dated November 13, 2006, as amended.
  • [F2]Options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan. All shares are fully exercisable.
  • [F3]Cancelled in the merger in exchange for a cash payment (less any applicable withholdings) representing the difference between the exercise price and $35.00 per option.

Issuer

WESTBOROUGH FINANCIAL SERVICES INC

CIK 0001087843

Entity typeother
IncorporatedMA

Related Parties

1
  • filerCIK 0001087843

Filing Metadata

Form type
4
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 5:02 PM ET
Size
11.1 KB