SEC Form 4 · accession 0001179110-16-020030
Georgetown Bancorp, Inc. · GTWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Hopkins Weismann
Officer — EVP/COO
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 12:38 pm 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, 2016 | F | 586 | $19.40 | D | 6,777 | D | |
| Common StockF2 | Feb 22, 2016 | A | 1,690 | $0.00 | A | 8,467 | D | |
| Common Stock | holding | — | — | — | 1,303 | I | 401K | |
| Common Stock | holding | — | — | — | 662 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF7 | $19.40 | Feb 22, 2016 | A | 5,060 | A | Feb 22, 2017 | Feb 22, 2026 | Common Stock | 5,060 | 5,060 | D |
| Stock OptionsF3 | $9.58 | holding | — | — | — | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 630 | 630 | D |
| Stock OptionsF4 | $14.00 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 2,500 | 2,500 | D |
| Stock OptionsF5 | $14.98 | holding | — | — | — | Feb 22, 2015 | Feb 22, 2024 | Common Stock | 1,980 | 1,980 | D |
| Stock OptionsF6 | $17.55 | holding | — | — | — | Feb 22, 2016 | Feb 22, 2025 | Common Stock | 3,960 | 3,960 | 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, 2017.
- F3Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2013.
- F4Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2014.
- F5Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2015.
- F6Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2016.
- F7Represents stock options vesting at a rate of 20.0% per year commencing on February 22, 2017.