SEC Form 4 · accession 0001179110-18-001475
BROOKLINE BANCORP INC · BRKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Cosman
Officer — Chief Operations Officer
Period of report
Feb 5, 2018
Accepted (ET)
Feb 5, 2018 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001049782
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2018 | M | 12,500 | $11.84 | A | 42,649 | D | |
| Common StockF1,F2 | Feb 5, 2018 | S | 12,500 | $16.76 | D | 30,149 | D | |
| Common Stock | holding | — | — | — | 2,411 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $11.84 | Feb 5, 2018 | M | 12,500 | A | Aug 3, 2010 | Aug 3, 2019 | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.70 to $16.85, inclusive. The reporting person undertakes to provide to Brookline Bancorp, Inc., any security holder of Brookline Bancorp, Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1)to this Form 4.
- F2Includes shares of restricted stock granted pursuant to the 2014 Brookline Bancorp, Inc. Equity Incentive Plan.
- F3The option, representing a right to purchase a total of 25,000 shares, became exercisable in two equal annual installments beginning on August 3, 2009. The reporting person previously exercised 12,500 of these options.