Yardville National Bancorp - Statement of Changes in Beneficial Ownership (4)
October 02 2007 - 2:19PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
BASOLIS ELBERT G JR
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2. Issuer Name
and
Ticker or Trading Symbol
YARDVILLE NATIONAL BANCORP
[
YANB
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
2465 KUSER ROAD
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3. Date of Earliest Transaction
(MM/DD/YYYY)
9/26/2007
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(Street)
HAMILTON, NJ 08690
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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6/29/2007
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J
(1)
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V
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72
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A
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$33.2419
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33939
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D
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Common Stock
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6/29/2007
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J
(1)
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V
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44
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A
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$34.44
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33983
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D
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Common Stock
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9/26/2007
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M
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3000
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A
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$18.96
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36983
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D
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Common Stock
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9/26/2007
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M
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3000
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A
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$24.54
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39983
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D
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Common Stock
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387
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I
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by Managed Account
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Common Stock
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73
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I
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by Spouse
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Non-Qualified Stock Option (right to buy)
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$18.96
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9/26/2007
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M
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3000
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(2)
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6/6/2008
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Common Stock
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3000
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$18.96
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0
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D
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Non-Qualified Stock Option (right to buy)
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$24.54
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9/26/2007
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M
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3000
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(2)
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6/4/2009
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Common Stock
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3000
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$24.54
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0
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D
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Explanation of Responses:
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(
1)
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Acquisition pursuant to reinvestment of dividends or interest (DRIPS).
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(
2)
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The 2003 Stock Option Plan, effective June 5, 2003, provides that each individual who is a non-employee director of the Company or the Bank on the day following each annual meeting of shareholders of the Company will automatically receive an option to purchase 3,000 shares of Common Stock. Options granted under the 2003 Stock Option Plan are immediately exercisable. The exercise price of an option will be equal to the fair market value of the Common Stock on the date the option is granted.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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BASOLIS ELBERT G JR
2465 KUSER ROAD
HAMILTON, NJ 08690
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X
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Signatures
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By: Kimberly Cerasi, POA For: Elbert G. Basolis, Jr.
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10/2/2007
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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