SEC Form 4 · accession 0001225208-16-029690
Wellesley Bancorp, Inc. · WEBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Fontaine
Officer — President & CEO · Director
Period of report
Oct 1, 2015
Accepted (ET)
Mar 11, 2016 · 3:47 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 | Oct 1, 2015 | F | 1,700 | $19.14 | D | 10,743 | D | |
| Common StockF2 | holding | — | — | — | 23,775 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 50 | I | By Custodian for Daughter | |
| Common Stock | holding | — | — | — | 50 | I | By Custodian for Son | |
| Common StockF3 | holding | — | — | — | 3,886 | I | By ESOP | |
| Common StockF1,F4 | holding | — | — | — | 9,629 | I | By Stock Award | |
| Common Stock | holding | — | — | — | 3,500 | I | By Trustee for EJF Family Trust | |
| Common Stock | holding | — | — | — | 4,500 | I | By Trustee for RJF Trust |
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)F5 | $15.35 | holding | — | — | — | Oct 1, 2013 | Oct 1, 2022 | Common Stock | 60,179 | 60,179 | D |
Explanation of responses
- F1Since the reporting person's last report, 4,815 shares of restricted stock held indirectly under the Stock Award have vested. 3,115 of such vested shares are now held directly.
- F2This Form 4 reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c). The Wellesley Bank Employee 401(k) Plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Wellesley Bancorp common stock.
- F3This Form 4 reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F4Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.
- F5Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.