SEC Form 4 · accession 0001179110-17-003108
Georgetown Bancorp, Inc. · GTWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen R. Sachs
Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 10:14 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, 2017 | F | 163 | $25.80 | D | 5,142 | D | |
| Common Stock | holding | — | — | — | 1,700 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $14.00 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 350 | 350 | D |
| Stock OptionsF3 | $14.98 | holding | — | — | — | Feb 22, 2015 | Feb 22, 2024 | Common Stock | 575 | 575 | D |
| Stock OptionsF4 | $17.55 | holding | — | — | — | Feb 22, 2016 | Feb 22, 2025 | Common Stock | 930 | 930 | D |
| Stock OptionsF5 | $19.40 | holding | — | — | — | Feb 22, 2017 | Feb 22, 2026 | Common Stock | 861 | 861 | D |
Explanation of responses
- F1Represents vested shares of restricted stock cancelled to pay for tax liability.
- F2Represents stock options vesting at a rate of 33.3% per year commencing on February 22, 2014.
- F3Represents stock options vesting at a rate of 33.3% per year commencing on February 22, 2015.
- F4Represents stock options vesting at a rate of 33.3% per year commencing on February 22, 2016.
- F5Represents stock options vesting at a rate of 33.3% per year commencing on February 22, 2017.