X0201 4 2003-07-31 0 0001099517 PORT FINANCIAL CORP PORT 0001254721 LUNDQUIST JANE L C/O PORT FINANCIAL CORP 1380 SOLDIERS FIELD RD BRIGHTON MA 02136 1 1 0 0 President Common Stock 2003-07-31 4 D 0 64079 54 D 0 D Common Stock 2003-07-31 4 D 0 14280 54 D 0 I see note Stock Option (Right to Buy) 15.875 2003-07-31 4 D 0 48000 0 D 2003-07-01 2010-10-18 Common Stock 48000 0 D Reflects 1,700 shares held as custodian for minor children, 7,600 shares held by the Port Financial Corp. Officer's Plan, 2,395 shares held by the SBERA 401(k) Plan as adopted by Cambridgeport Bank, 1,672 held by the Port Financial Corp. Employee Stock Ownership Plan and 913 shares held by the Port Financial Corp. ESOP Restoration Plan. All options vested as of July 1, 2003 pursuant to the accelerated vesting provisions of the option agreement for changes in control. The options were cancelled in connection with the merger of Mustang Acquisition Corp., a wholly owned subsidiary of Citizens Bank of Massachusetts, and Port Financial Corp. in exchange for a cash payment of $1,967,250, representing the difference between the exercise price of the option and the market value of the underlying Port Financial Corp. common stock on the effective date of the merger. /s/ Jane L. Lundquist 2003-07-31