Whitehouse Aaron 4
4 · EVANS BANCORP INC · Filed Nov 19, 2020
Insider Transaction Report
Form 4
Whitehouse Aaron
President, The Evans Agency
Transactions
- Award
Common Stock
2020-11-17+1,230→ 2,191.14 total - Award
Option (right to buy)
2020-11-17+3,060→ 3,060 totalExercise: $25.51From: 2021-11-17Exp: 2030-11-17→ Common Stock (3,060 underlying)
Footnotes (5)
- [F1]The Restricted Stock shall be vested according to the following schedule, 20% of the shares of Common Stock subject to the Restricted Stock Award will vest on each of the first five anniversaries of the date of the award.
- [F2]The restricted stock awards were granted under an equity incentive compensation plan maintained by Evans Bancorp Inc., and therefore the reporting person paid no price for the restricted stock awards.
- [F3]Amount of beneficially owned shares includes 303 shares acquired under the Evans Bancorp, Inc. Employee Stock Purchase Plan on June 30, 2020 and 37.45 shares acquired under the Evans Bancorp, Inc. Dividend Reinvestment Plan.
- [F4]The option was granted under an equity incentive compensation plan maintained by Evans Bancorp Inc, and therefore the reporting person paid no price for the option.
- [F5]The option vests in five equal annual installments of 20% each, beginning on November 17, 2021.