Home/Filings/4/0001234709-07-000025
4//SEC Filing

TD BANKNORTH INC. 4

Accession 0001234709-07-000025

CIK 0001304994operating

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 3:46 PM ET

Size

43.6 KB

Accession

0001234709-07-000025

Insider Transaction Report

Form 4
Period: 2007-04-20
VERRILL PETER J
Vice Chair & COO
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2007-04-2010,8330 total
    Exercise: $0.00From: 2008-03-31Exp: 2008-03-31Common Stock (10,833 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2042,0000 total
    Exercise: $17.38Exp: 2009-10-26Common Stock (42,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2055,0000 total
    Exercise: $20.88Exp: 2011-10-23Common Stock (55,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2023,4000 total
    Exercise: $19.63Exp: 2007-10-28Common Stock (23,400 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2021,0000 total
    Exercise: $22.63Exp: 2008-07-31Common Stock (21,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2012,0000 total
    Exercise: $26.15Exp: 2012-03-26Common Stock (12,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-20105,0000 total
    Exercise: $23.28Exp: 2012-10-22Common Stock (105,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2040,0000 total
    Exercise: $31.24Exp: 2015-03-31Common Stock (40,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2016,0000 total
    Exercise: $24.62Exp: 2013-05-27Common Stock (16,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2080,0000 total
    Exercise: $28.20Exp: 2013-10-21Common Stock (80,000 underlying)
  • Disposition to Issuer

    Common Stock

    2007-04-20$32.33/sh294$9,5050 total(indirect: By Spouse)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-2054,0000 total
    Exercise: $17.31Exp: 2008-10-27Common Stock (54,000 underlying)
  • Disposition to Issuer

    Common Stock

    2007-04-20$32.33/sh784$25,3470 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-208,4000 total
    Exercise: $18.63Exp: 2009-03-16Common Stock (8,400 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-04-202,2000 total
    Exercise: $19.84Exp: 2011-05-01Common Stock (2,200 underlying)
  • Disposition to Issuer

    Common Stock

    2007-04-20$32.33/sh9,132$295,2380 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.

Issuer

TD BANKNORTH INC.

CIK 0001304994

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001304994

Filing Metadata

Form type
4
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 3:46 PM ET
Size
43.6 KB