SEC Form 4 · accession 0000842518-17-000035
EVANS BANCORP INC · EVBN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Connerton
Officer — Treasurer
Period of report
Mar 21, 2017
Accepted (ET)
Mar 23, 2017 · 3:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842518
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock ($0.50 par value)F1 | Mar 21, 2017 | A | 730 | $39.50 | A | 5,289 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Incentive Stock Option (Right to Buy)F2 | $39.50 | Mar 21, 2017 | A | 1,500 | A | — | Mar 21, 2027 | Common Stock | 1,500 | 21,680 | D |
Explanation of responses
- F1The Restricted Stock shall be vested according to the following schedule: 25% of the shares of Common Stock subject to the Restricted Stock Award will vest on each of the first four anniversaries of the date of the award.
- F2The Stock Options shall be exercisable according to the following schedule: 25% of the shares of Common Stock subject to the Stock Option will vest on each of the first four anniversaries of the date of grant.