BSB BANCORP INC 4
4 · BSB BANCORP INC · Filed Aug 13, 2004
Insider Transaction Report
Form 4
BSB BANCORP INCBSBN
CRAINE WILLIAM C
Director
Transactions
- Disposition to Issuer
Common Stock
2004-07-14−950→ 0 total(indirect: By son) - Disposition to Issuer
Common Stock
2004-07-14−3,592→ 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) - Disposition to Issuer
Common Stock
2004-07-14−77,929→ 0 total - Disposition to Issuer
Common Stock
2004-07-14−700→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2004-07-14−500→ 0 total(indirect: By daughter) - Disposition to Issuer
Common Stock
2004-07-14−3,000→ 0 total(indirect: By Foundation)
Footnotes (10)
- [F1]Disposed of pursuant to a merger agreement between Partners Trust Financial Group, Inc. ("Partners") and the issuer (the "Merger") in exchange for 280,543 shares of Partners common stock having an exchange value of $36 per share or a market value of $18.78 per share.
- [F10]This option, which vested on 7/23/2004, 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.
- [F2]Disposed of pursuant to the Merger in exchange for a cash payment of $129,312.
- [F3]Disposed of pursuant to the Merger in exchange for 2,520 shares of Partners common stock having an exchange value of $36 per share or a market value of $18.78 per share.
- [F4]Disposed of pursuant to the Merger in exchange for 1,800 shares of Partners common stock having an exchange value of $36 per share or a market value of $18.78 per share.
- [F5]Disposed of pursuant to the Merger in exchange for 3,420 shares of Partners common stock having an exchange value of $36 per share or a market value of $18.78 per share.
- [F6]Disposed of pursuant to the Merger in exchange for 10,800 shares of Partners common stock having an exchange value of $36 per share or a market value of $18.78 per share.
- [F7]This option, which vested on 7/24/1998, 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.
- [F8]This option, which vested on 7/24/2002, 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.
- [F9]This option, which vested on 7/24/2003, 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.