SEC Form 4 · accession 0001140361-17-029405
BSB Bancorp, Inc. · BLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hal R Tovin
Officer — EVP and COO · Director
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 4:12 pm EDT
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 StockF5,F1,F2 | Jul 27, 2017 | S | 17,715 | $29.20 | D | 135,902 | D | |
| Common Stock | holding | — | — | — | 2,040 | I | By Spouse's IRA | |
| Common Stock | holding | — | — | — | 10,000 | I | By IRA | |
| Common StockF4 | holding | — | — | — | 2,559 | I | By ESOP | |
| Common Stock | holding | — | — | — | 3,000 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $12.04 | holding | — | — | — | Nov 28, 2013 | Nov 28, 2022 | Common Stock | 11,007 | 11,007 | D |
Explanation of responses
- F1Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 28, 2013.
- F2Includes shares of restricted stock which vest at a rate of 10% per year commencing on March 15, 2018.
- F3Stock options vest at a rate of 20% per year commencing on November 28, 2013.
- F4Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F5The disposition reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.