SEC Form 4 · accession 0001225208-18-002530
Wellesley Bancorp, Inc. · WEBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon R Gerlin
Director
Period of report
Oct 2, 2017
Accepted (ET)
Feb 12, 2018 · 5:10 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 2, 2017 | A | 400 | $0.00 | A | 400 | I | By Stock Award II |
| Common StockF2 | holding | — | — | — | 800 | D | ||
| Common StockF2,F3 | holding | — | — | — | 2,400 | I | By Stock Award |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2016 Equity Incentive Plan will vest on October 1, 2018.
- F2Since the reporting person's last report, 600 shares of restricted stock held indirectly by Stock Award have vested and are now owned directly.
- F3Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2017.