Home/Filings/4/0001228547-05-000001
4//SEC Filing

WESTBOROUGH FINANCIAL SERVICES INC 4

Accession 0001228547-05-000001

CIK 0001087843other

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 5:03 PM ET

Size

14.9 KB

Accession

0001228547-05-000001

Insider Transaction Report

Form 4
Period: 2005-02-08
BOUVIER VICKIE A
Sr. VP/Sr. Operations Officer
Transactions
  • Sale

    Common Stock, par value $0.01 per share

    2005-02-11$28.50/sh1,400$39,900429 total(indirect: By 401(k))
  • Exercise/Conversion

    Common Stock, par value $0.01 per share

    2005-02-08$10.31/sh+700$7,2181,250 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2005-02-087000 total
    Exercise: $10.31From: 2004-01-25Exp: 2012-01-01Common Stock (700 underlying)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $10.31From: 2006-01-25Exp: 2012-01-01Common Stock (700 underlying)
    700
Footnotes (3)
  • [F1]Includes 600 unvested shares which reflects a restricted stock award granted to the reporting person under the Westborough Financial Services, Inc. 2001 Recognition and Retention Plan. These shares were awarded to the reporting person and are held in trust on behalf of the reporting person, subject to vesting. The remaining portion of the restricted stock award vests as follows: 300 shares each on April 30, 2005 and 2006.
  • [F2]Consists of shares allocated to the reporting person's account under the Employee Stock Ownership Plan of Westborough Financial Services, Inc. (the "ESOP") as of September 30, 2002. Pursuant to Rule 16a-3(f)(1)(i)(B), this non-discretionary 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 of 1934, as amended.
  • [F3]Reflects stock options granted to the reporting person under the Westborough Financial Services, Inc. 2001 Stock Option Plan.

Issuer

WESTBOROUGH FINANCIAL SERVICES INC

CIK 0001087843

Entity typeother
IncorporatedMA

Related Parties

1
  • filerCIK 0001087843

Filing Metadata

Form type
4
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:03 PM ET
Size
14.9 KB