4//SEC Filing
WESTBOROUGH FINANCIAL SERVICES INC 4
Accession 0001252679-07-000001
CIK 0001087843other
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 4:29 PM ET
Size
9.5 KB
Accession
0001252679-07-000001
Insider Transaction Report
Form 4
COLONERO BENJAMIN H JR
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2007-08-24$35.00/sh−130$4,550→ 0 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2007-08-24$35.00/sh−360$12,600→ 0 total - Disposition from Tender
Stock Option (Right to Buy)
2007-08-24−930→ 0 totalExercise: $25.50Exp: 2016-04-24→ Common Stock (930 underlying)
Footnotes (4)
- [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]Restricted stock cancelled in the merger in exchange for a cash payment of $35.00 per share (less any applicable withholdings).
- [F3]Options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan. All shares are fully exercisable.
- [F4]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.
Documents
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, 4:29 PM ET
- Size
- 9.5 KB