SEC Form 4 · accession 0001179110-17-007944
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
May 23, 2017
Accepted (ET)
May 25, 2017 · 10:02 am EDT
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 | May 23, 2017 | J | 13,946 | — | D | 0 | D | |
| Common StockF1 | May 23, 2017 | J | 5,686 | — | D | 0 | I | 401K |
| Common StockF1 | May 23, 2017 | J | 7,522 | — | D | 0 | I | ESOP |
| Common StockF1 | May 23, 2017 | J | 602 | — | D | 0 | I | IRA |
| Common StockF1 | May 23, 2017 | J | 776 | — | D | 0 | I | Spouse's IRA 1 |
| Common StockF1 | May 23, 2017 | J | 148 | — | D | 0 | 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 OptionsF2 | $9.33 | May 23, 2017 | J | 2,161 | D | Feb 22, 2011 | Feb 22, 2020 | Common Stock | 2,161 | 0 | D |
| Stock OptionsF2 | $9.55 | May 23, 2017 | J | 2,160 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 2,160 | 0 | D |
| Stock OptionsF2 | $9.58 | May 23, 2017 | J | 1,638 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 1,638 | 0 | D |
| Stock OptionsF2 | $14.00 | May 23, 2017 | J | 2,750 | D | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 2,750 | 0 | D |
| Stock OptionsF2 | $14.98 | May 23, 2017 | J | 1,760 | D | Feb 22, 2015 | Feb 22, 2024 | Common Stock | 1,760 | 0 | D |
| Stock OptionsF2 | $17.55 | May 23, 2017 | J | 2,580 | D | Feb 22, 2016 | Feb 22, 2025 | Common Stock | 2,580 | 0 | D |
| Stock OptionsF2 | $19.40 | May 23, 2017 | J | 4,000 | D | Feb 22, 2017 | Feb 22, 2026 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Each share of common stock was converted into and became exchangeable for the right to receive $26.00 in cash.
- F2Stock options have been cancelled and each option holder will receive a cash payment upon such cancellation in an amount equal to the product of (i) the number of shares of common stock provided for by such option and (ii) the excess of $26.00 over the exercise price of the option.