SEC Form 4 · accession 0001140361-16-089496
BSB Bancorp, Inc. · BLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Borelli
Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 2:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001522420
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 12, 2016 | M | 2,497 | $12.04 | A | 18,269 | D | |
| Common StockF1 | Dec 12, 2016 | S | 400 | $28.15 | D | 17,869 | D | |
| Common StockF1 | Dec 12, 2016 | S | 686 | $28.10 | D | 17,183 | D | |
| Common StockF1 | Dec 12, 2016 | S | 1,411 | $28.00 | D | 15,772 | D | |
| Common Stock | holding | — | — | — | 3,000 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $12.04 | Dec 12, 2016 | M | 2,497 | D | Nov 28, 2013 | Nov 28, 2022 | Common Stock | 2,497 | 11,933 | D |
Explanation of responses
- F1Includes shares of restrict stock which vest at a rate of 20% per year commencing on November 28, 2013.
- F2Stock options vest at a rate of 20% per year commencing on November 28, 2013.