X0202 4 2008-01-17 0 0000799166 MASSBANK CORP MASB 0001235385 PETTINELLI NANCY L C/O MASSBANK CORP 123 HAVEN STREET READING MA 01867 1 0 0 0 stock option grant (right to buy) 36.15 2008-01-15 4 J 0 1000 36.15 A 2009-01-15 2018-01-14 common stock 1000 1000 D Phantom stock 36.15 2008-01-15 4 A 0 23.5131 36.15 A common stock 23.5131 2085.16 D Grant of stock option under the MASSBANK Corp. Stock Option and Incentive Plan Vesting over 5 years with 200 shares vested each anniversary year beginning 01/15/2009. Cash-only security issued pursuant to the Directors' Deferred Compensation Plan The shares of phantom stock become payable in shares of common stock of the Issuer upon the reporting person attaining the age of 72, or her termination or death or upon a change of control of the Issuer Nancy L. Pettinelli 2008-01-17