BSB BANCORP INC 4
4 · BSB BANCORP INC · Filed Aug 11, 2004
Insider Transaction Report
Form 4
BSB BANCORP INCBSBN
NIERMEYER DAVID A
Director
Transactions
- Disposition to Issuer
Common Stock
2004-07-14−5,084→ 0 total - Disposition to Issuer
Common Stock
2004-07-14−10,841→ 0 total - Disposition to Issuer
Directors' Stock Option Plan (right to buy)
2004-07-14−2,250→ 0 totalExercise: $30.50Exp: 2008-01-24→ Common Stock (2,250 underlying)
Footnotes (9)
- [F1]Disposed of pursuant to a merger agreement between Partners Trust Financial Group, Inc. ("Partners") and the issuer (the "Merger") in exchange for 39,027 shares of Partners common stock having an exchange value of $36.00 per share or a market value of $18.78 per share.
- [F2]Disposed of pursuant to a merger agreement between Partners Trust Financial Group, Inc. ("Partners") and the issuer (the "Merger") in exchange for a cash payment of $183,024.
- [F3]This option, which provided for vesting on 07/24/1998, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $8.47 per share.
- [F4]This option, which provided for vesting on 07/24/1999, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $7.99 per share.
- [F5]This option, which provided for vesting on 07/24/2000, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $5.42 per share.
- [F6]This option, which provided for vesting on 07/24/2001, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners Trust common stock for $4.38 per share.
- [F7]This option, which provided for vesting on 07/24/2002, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $7.48 per share.
- [F8]This option, which provided for vesting on 07/24/2003, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $5.88 per share.
- [F9]This option, which provided for vesting on 07/23/2004, was assumed by Partners pursuant to the Merger and replaced with an option to purchase 8,100 shares of Partners common stock for $10.58 per share.