CARVER BANCORP INC — Director's Dealing 2004

Nov 12, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARVER BANCORP INC (CNY)
CIK: 0001016178
Period of Report: 2004-11-10

Reporting Person: MAHER BRIAN J (SVP & Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-10	Common Stock	M	1666	$11.28	Acquired	3174.00	Direct
2004-11-10	Common Stock	S	1250	$18.70	Disposed	1924.00	Direct
2004-11-10	Common Stock	M	380	$16.41	Acquired	2304.00	Direct
2004-11-10	Common Stock	S	285	$18.70	Disposed	2019.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-10	Stock Option	$16.41	M	380	Disposed	2013-06-23	Common Stock (380.00)	Direct
2004-11-10	Stock Option (right to buy)	$11.28	M	1666	Disposed	2013-09-09	Common Stock (1666.00)	Direct

Footnotes

F1: Exercisable in three equal annual installments, beginning one year from date of grant.