SEC Form 4 · accession 0001225208-17-018350
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
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 11:55 am 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 Stock | Dec 5, 2017 | M | 6,000 | $15.35 | A | 7,000 | D | |
| Common StockF1 | Dec 5, 2017 | S | 6,000 | $26.75 | D | 1,000 | D | |
| Common Stock | holding | — | — | — | 11,543 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 2,065 | I | By ESOP |
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)F2 | $15.35 | Dec 5, 2017 | M | 6,000 | D | Oct 1, 2013 | Oct 1, 2022 | Common Stock | 6,000 | 0 | 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.
- F2Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.