GOUVERNEUR BANCORP INC 4
4 · GOUVERNEUR BANCORP INC · Filed Apr 25, 2005
Insider Transaction Report
Form 4
VAN VLEET CHARLES C JR
Vice President & Secretary
Transactions
- Other
Common Stock
2005-04-23+0→ 13,050 total - Other
Options to purchase
2005-04-23+0→ 2,500 totalExercise: $9.30From: 2005-04-23Exp: 2012-04-23→ common stock (2,500 underlying)
Footnotes (5)
- [F1]Not an acquisition or disposition - represents 200 shares, or 20% of total awarded to officer and previously held by Management Recognition Plan Trust (MRP), which vested for the one year period ending April 23, 2005.
- [F2]D 12,650 shares / I 400 shares by MRP
- [F3]Not an acquisition or disposition - represents 500 options to purchase common stock which vested for the one year period ending April 23, 2005, which were awarded to the officer and previously held by the plan.
- [F4]20 % of the options vested and were exercisable on each of April 23, 2003, 2004 and 2005. An equal amount will vest on April 23, 2006 and 2007.
- [F5]D 1,500 options / I 1,000 options by Plan