SEC Form 4 · accession 0001225208-18-012508
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
Aug 9, 2018
Accepted (ET)
Aug 13, 2018 · 4:24 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 Stock | Aug 9, 2018 | S | 20 | $33.75 | D | 15,203 | D | |
| Common Stock | Aug 13, 2018 | S | 245 | $33.26 | D | 14,958 | D | |
| Common Stock | Aug 13, 2018 | S | 735 | $33.25 | D | 14,223 | D | |
| Common Stock | holding | — | — | — | 22,259 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 50 | I | By Custodian for Daughter | |
| Common Stock | holding | — | — | — | 50 | I | By Custodian for Son | |
| Common Stock | holding | — | — | — | 4,513 | I | By ESOP | |
| Common StockF1 | holding | — | — | — | 3,000 | 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)F2 | $15.35 | holding | — | — | — | Oct 1, 2013 | Oct 1, 2022 | Common Stock | 60,179 | 60,179 | D |
Explanation of responses
- F1Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2016 Equity Incentive Plan will vest on October 1, 2018.
- F2Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.