SEC Form 4 · accession 0001567619-18-002523
BSB Bancorp, Inc. · BLMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M. Patricia Brusch
Director
Period of report
Sep 12, 2018
Accepted (ET)
Sep 13, 2018 · 12:56 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 Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Sep 12, 2018 | A | 6,495 | A | — | — | Common Stock | 6,495 | 6,495 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock and vests at a rate of approximately 10% per year commencing on September 12, 2019. The Reporting Person shall receive a cash payment upon each vesting of the Phantom Shares (including cash payments relating to Dividend Equivalent Rights).