WESTBOROUGH FINANCIAL SERVICES INC 4
4 · WESTBOROUGH FINANCIAL SERVICES INC · Filed Aug 29, 2007
Insider Transaction Report
Form 4
CARLSON NANCY M
Director
Transactions
- Disposition from Tender
Stock Option (Right to Buy)
2007-08-24−930→ 0 totalExercise: $25.50Exp: 2016-04-24→ Common Stock (930 underlying) - Disposition to Issuer
Common Stock, par value $0.01 per share
2007-08-24$35.00/sh−290$10,150→ 0 total - Disposition from Tender
Common Stock, par value $0.01 per share
2007-08-24$35.00/sh−360$12,600→ 0 total
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.