PASQUALUCCI SANTO P 5

5 · FALMOUTH BANCORP INC · Filed Nov 14, 2003

Form 5

Period: 2003-09-30

DirectorPresident and CEO

Transactions

Award
Common Stock, par value, $0.01 per share
2003-09-30+1,148→ 9,874 total(indirect: See Note (1))

Holdings

Common Stock, par value, $0.01 per share
4,217
Common Stock, par value, $0.01 per share
(indirect: By IRA)
9,000
Stock Option- Right to Buy
Exercise: $13.38From: 2002-01-21Exp: 2007-04-15→ Common Stock (7,272 underlying)
7,272
Common Stock, par value, $0.01 per share
(indirect: See Note (3))
3,018
Stock Option- Right to Buy
Exercise: $13.38From: 1998-01-21Exp: 2007-04-15→ Common Stock (7,274 underlying)
7,274
Common Stock, par value, $0.01 per share
3,231
Stock Option- Right to Buy
Exercise: $22.00From: 2003-02-01Exp: 2012-03-19→ Common Stock (946 underlying)
946
Stock Option- Right to Buy
Exercise: $22.00From: 2004-02-01Exp: 2012-03-19→ Common Stock (944 underlying)
944
Stock Option- Right to Buy
Exercise: $15.00From: 1999-11-18Exp: 2009-11-17→ Common Stock (20,000 underlying)
20,000

Footnotes (5)

[F1]Reflects the number of shares allocated to the reporting person's account under the Falmouth Bancorp, Inc. Employee Stock Option Plan ("ESOP") as of September 30, 2003. Pursuant to Rule 16a3(f)(1)(i)(B), this nondiscretionary transaction occurring under the ESOP, a tax qualified plan, is exempt from the reporting requirements of Section 16(a) of the Securities and Exchange Act, as amended.
[F2]Reflects a restricted stock award granted to the reporting person under the 1997 Recognition and Retention Plan for Outside Directors, Officers and Employees of Falmouth Bancorp, Inc. ("RRP") where vesting will occur in 25% installments on an annual basis beginning on 2/1/03.
[F3]The reporting person disclaims beneficial ownership of these shares, 6,027 were transferred from 3 UTMA accounts to 3 individual siblings. One sibling is now over 21 years old and her shares are no longer deemed beneficially owned. As a result, 2,009 shares have been eliminated.
[F4]Reflects options granted to the reporting person under the 1997 Stock Option Plan for Outside Directors, Officers and Employees of Falmouth Bancorp, Inc.
[F5]Reflects stock options granted to the reporting person for performance recognition.

Documents

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