SEC Form 4 · accession 0001225208-16-040072
Wellesley Bancorp, Inc. · WEBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis P Crosier
Officer — President of Subsidiary
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 4:43 pm EDT
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, 2016 | A | 2,000 | $0.00 | A | 2,000 | I | By Stock Award III |
| Common StockF2 | holding | — | — | — | 1,940 | D | ||
| Common Stock | holding | — | — | — | 167 | I | By ESOP | |
| Common StockF3,F4 | holding | — | — | — | 2,560 | I | By Stock Award | |
| Common StockF5,F6 | holding | — | — | — | 1,500 | I | By Stock Award II |
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)F7 | $19.00 | holding | — | — | — | Oct 1, 2015 | Oct 1, 2024 | Common Stock | 10,000 | 10,000 | D |
| Stock Options (right to buy)F8 | $19.14 | holding | — | — | — | Oct 1, 2016 | Oct 1, 2025 | Common Stock | 8,000 | 8,000 | D |
Explanation of responses
- F1Stock Awards III granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2017.
- F2Since the reporting person's last report 640 shares held by Stock Award and 500 shares held by Stock Award II have vested and are now held directly.
- F3640 shares previously held by Stock Award have vest and are now owned directly.
- F4Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2015.
- F5500 shares previously held by Stock Award have vest and are now owned directly.
- F6Stock Awards II granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2016.
- F7Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2015.
- F8Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2016.