SEC Form 4 · accession 0001123292-18-000522
Western New England Bancorp, Inc. · WNEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cidalia Inacio
Officer — SVP, Retail Banking/Operations
Period of report
Mar 12, 2018
Accepted (ET)
Mar 12, 2018 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157647
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | Mar 9, 2018 | M | 12,125 | $5.86 | A | 15,322 | D | |
| Common Stock, par value $.01 per shareF1 | Mar 9, 2018 | S | 12,125 | $10.69 | D | 3,197 | D | |
| Common Stock, par value $.01 per share | holding | — | — | — | 8,303 | I | By 401(k) | |
| Common Stock, par value $.01 per share | holding | — | — | — | 1,400 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $5.86 | Mar 9, 2018 | M | 12,125 | D | Jan 25, 2013 | Jan 25, 2022 | Common Stock | 12,125 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.60 to $10.75, inclusive