TD BANKNORTH INC. 4
4 · TD BANKNORTH INC. · Filed Apr 24, 2007
Insider Transaction Report
Form 4
RYAN WILLIAM J
DirectorChairman
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2007-04-20−150,000→ 0 totalExercise: $20.33Exp: 2011-05-22→ Common Stock (150,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−29,000→ 0 totalExercise: $24.62Exp: 2013-05-27→ Common Stock (29,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−45,000→ 0 totalExercise: $22.63Exp: 2008-07-31→ Common Stock (45,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−90,000→ 0 totalExercise: $17.31Exp: 2008-10-27→ Common Stock (90,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−4,200→ 0 totalExercise: $19.84Exp: 2011-05-01→ Common Stock (4,200 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−145,000→ 0 totalExercise: $20.88Exp: 2011-10-23→ Common Stock (145,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−220,000→ 0 totalExercise: $23.28Exp: 2012-10-22→ Common Stock (220,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−21,750→ 0 totalExercise: $26.15Exp: 2012-03-26→ Common Stock (21,750 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−72,500→ 0 totalExercise: $31.24Exp: 2015-03-31→ Common Stock (72,500 underlying) - Disposition to Issuer
Restricted Stock Units
2007-04-20−19,725→ 0 totalExercise: $0.00From: 2008-03-31Exp: 2008-03-31→ Common Stock (19,725 underlying) - Disposition to Issuer
Stock Option (right to buy)
2007-04-20−18,000→ 0 totalExercise: $18.63Exp: 2009-03-16→ Common Stock (18,000 underlying) - Disposition to Issuer
Common Stock
2007-04-20$32.33/sh−13,848$447,706→ 0 total - Disposition to Issuer
Common Stock
2007-04-20$32.33/sh−41,824$1,352,170→ 0 total(indirect: By 401(k))
Footnotes (5)
- [F1]Pursuant to Agreement and Plan of Merger, dated as of November 19, 2006, among TD Banknorth Inc., The Toronto-Dominion Bank and Bonn Merger Co.
- [F2]All options vest and become exercisable in three annual installments of 33%, 34% and 33% beginning on the first anniversary of the date of grant.
- [F3]Cancelled in the merger in exchange for a cash payment (less any applicable withholdings) representing the difference between the exercise price and $32.33 per option.
- [F4]Option to purchase TD Banknorth common stock was converted in the merger into an option to acquire a number of common shares of The Toronto-Dominion Bank ("TD") equal to the product of the number of shares of TD Banknorth common stock subject to the option multiplied by .5333, rounded down to the nearest whole share, at an exercise price per common share of TD equal to the exercise price per share of the TD Banknorth common stock subject to the option divided by .5333, rounded up to the nearest cent.
- [F5]Pursuant to the merger, each restricted stock unit in respect of TD Banknorth common stock will be valued with reference to a number of common shares of TD equal to the number of notional shares of TD Banknorth common stock in respect of such award immediately prior to the merger multiplied by .5333.