4//SEC Filing
MERCANTILE BANKSHARES CORP 4
Accession 0001181431-07-021093
CIK 0000064908operating
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 4:18 PM ET
Size
14.9 KB
Accession
0001181431-07-021093
Insider Transaction Report
Form 4
PAESE MICHAEL M
Executive Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2007-03-02−15,000→ 0 totalExercise: $34.15Exp: 2015-03-07→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2007-03-02−27,028→ 0 total - Disposition to Issuer
Common Stock
2007-03-02−15,183→ 27,028 total - Disposition to Issuer
Employee Stock Option (right to buy)
2007-03-02−2,499→ 0 totalExercise: $23.07Exp: 2013-04-01→ Common Stock (2,499 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-03-02−20,000→ 0 totalExercise: $38.23Exp: 2016-03-29→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2007-03-02−22,500→ 0 totalExercise: $30.17Exp: 2014-03-03→ Common Stock (22,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement between Issuer and PNC Financial Services Group, Inc. on the basis of .4184 shares of common stock and $16.45 for each share of Issuer's common stock.
- [F2]A total of 14,914 shares of Restricted Stock and 12,114 of Restricted Stock Units disposed of for $1,273,018.18 cash on the basis of $47.10 per share and unit, which was the closing price per share of PNC common stock on the day of the merger.
- [F3]This option was cancelled on March 2, 2007, the date of the merger of the Issuer into PNC Bank for a cash payment of $47.49 less the exercise price of the Mercantile option.
Documents
Issuer
MERCANTILE BANKSHARES CORP
CIK 0000064908
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000064908
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 4:18 PM ET
- Size
- 14.9 KB