Filing Details

Accession Number:
0000914317-10-000986
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-02 13:00:00
Reporting Period:
2010-05-28
Filing Date:
2010-06-02
Accepted Time:
2010-06-02 16:49:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
709942 Wilber Corp GIW State Commercial Banks (6022) 156018501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1278825 C Douglas Gulotty C/O The Wilber Corporation
245 Main Street
Oneonta NY 13820
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-05-28 30 $6.38 3,190 No 5 A Direct
Common Stock Acquisiton 2010-05-28 39 $6.38 3,229 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 A Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Phantom Stock Units Phantom Stock Units Acquisiton 2010-05-28 68 $6.55 68 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,443 No 4 L Indirect
Footnotes
  1. This filing reports 69 additional common shares acquired pursuant to the Company's Amended and Restated Dividend Reinvestment and Direct Stock Purchase Plan, 30 shares were acquired through the dividend reinvestment feature and 39 shares were acquired through the optional cash investment feature of the plan. The Plan provides for the purchase of fractional shares, the number reported is the nearest whole number.
  2. Pursuant to the Company's Deferred Compensation Plan Established in 1985, as amended in 1999, executive officers may defer portions of their compensation and deferred amounts can be indexed to the financial performance of the Company's common stock, although no actual shares of stock are purchased (thus, "phantom stock"). Increases and decreases in the deferred amounts are determined based upon changes in the trading price of the Company's stock. The executive officer does not have any right against the Company with respect to any portion of the account, except as a general unsecured creditor. The participant may withdraw funds upon the termination of his employment, retirement or in the event of financial hardship, and the value of such phantom stock units would be based upon the current market value of the Company's stock.
  3. The Company's Deferred Compensation Plan was frozen in 2004. Under the frozen plan, the reporting person was no longer permitted to defer portions of his compensation into the plan. Accordingly, these phantom stock units were acquired by the reporting person through the allocation of dividend payments on existing units under the Company's Deferred Compensation Plan.