SEC Form 4 · accession 0001225208-15-022155
Wellesley Bancorp, Inc. · WEBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eloise C Thibault
Officer — VP & Treasurer of Subsidiary
Period of report
Jul 14, 2015
Accepted (ET)
Dec 11, 2015 · 3:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526952
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 9, 2015 | S | 100 | $18.81 | D | 1,400 | D | |
| Common Stock | Jul 14, 2015 | S | 30 | $20.00 | D | 0 | I | By Daughter |
| Common Stock | holding | — | — | — | 13,287 | I | By 401(k) | |
| Common StockF2 | holding | — | — | — | 1,610 | I | By ESOP | |
| Common StockF1,F3 | holding | — | — | — | 2,000 | I | By Stock Award |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F4 | $15.35 | holding | — | — | — | Oct 1, 2013 | Oct 1, 2022 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Since the reporting person's last repot 1,000 shares previously held by Stock Award have vested and are now owned directly.
- F2This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F3Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.
- F4Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.