4//SEC Filing
Maroney Kevin D 4
Accession 0001593968-20-001247
CIK 0000842518other
Filed
May 21, 8:00 PM ET
Accepted
May 22, 5:53 PM ET
Size
7.0 KB
Accession
0001593968-20-001247
Insider Transaction Report
Form 4
Maroney Kevin D
Director
Transactions
- Award
Common Stock
2020-05-20+2,054→ 2,054 total(indirect: By Trust)
Holdings
- 4,711
Common Stock
- 2,088(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Received, in addition to $61,716.32 in cash, in exchange for 8,288 shares of FSB Bancorp, Inc. ("FSB") common stock allocated to Mr. Maroney's FSB 401(k) account on May 20, 2020 in connection with the merger of FSB with and into Evans Bancorp, Inc. ("Evans") effective May 1, 2020 (the "Merger").
- [F2]Received, in addition to $51,532.02 in cash, in exchange for 7,445 shares of FSB common stock allocated to Mr. Maroney's FSB ESOP account on May 14, 2020 in connection with the Merger.
- [F3]Received in exchange for 10,722 shares of FSB common stock in connection with the Merger. At the effective time of the Merger at 12:01 a.m. on May 1, 2020 (the "Effective Time"), each outstanding share of FSB common stock converted into the right to receive, at the election of each holder, either, 0.4394 shares of Evans common stock and $17.80 in cash (the "Merger Consideration"). On April 30, 2020, the last trading day before the Effective Time, the closing price of FSB's common stock was $13.36 per share and the closing price of Evans' common stock was $27.77 per share. All fractional share holdings were paid in cash.
Documents
Issuer
EVANS BANCORP INC
CIK 0000842518
Entity typeother
Related Parties
1- filerCIK 0001405837
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 5:53 PM ET
- Size
- 7.0 KB