SEC Form 4 · accession 0001179110-15-003222
Georgetown Bancorp, Inc. · GTWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Kennedy
Officer — SVP/CFO
Period of report
Feb 22, 2015
Accepted (ET)
Feb 24, 2015 · 11:23 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001542299
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2015 | F | 628 | $17.55 | D | 12,655 | D | |
| Common StockF2 | Feb 22, 2015 | A | 1,720 | $0.00 | A | 14,375 | D | |
| Common Stock | holding | — | — | — | 5,686 | I | 401K | |
| Common Stock | holding | — | — | — | 5,730 | I | ESOP | |
| Common Stock | holding | — | — | — | 602 | I | IRA | |
| Common Stock | holding | — | — | — | 776 | I | Spouse's IRA 1 | |
| Common Stock | holding | — | — | — | 148 | I | Spouse's IRA 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF8 | $17.55 | Feb 22, 2015 | A | 2,580 | A | Feb 22, 2016 | Feb 22, 2025 | Common Stock | 2,580 | 2,580 | D |
| Stock OptionsF3 | $9.33 | holding | — | — | — | Feb 22, 2011 | Feb 22, 2020 | Common Stock | 2,160 | 2,160 | D |
| Stock OptionsF4 | $9.55 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 2,160 | 2,160 | D |
| Stock OptionsF5 | $9.58 | holding | — | — | — | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 1,638 | 1,638 | D |
| Stock OptionsF6 | $14.00 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 2,750 | 2,750 | D |
| Stock OptionsF7 | $14.98 | holding | — | — | — | Feb 22, 2015 | Feb 22, 2024 | Common Stock | 1,760 | 1,760 | D |
Explanation of responses
- F1Represents vested shares of restricted stock cancelled to pay for tax liability.
- F2Represents shares of restricted stock vesting at a rate of 20.0% per year commencing on February 22, 2016.
- F3Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2011.
- F4Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2012.
- F5Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2013.
- F6Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2014.
- F7Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2015.
- F8Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2016.