SEC Form 4 · accession 0001140361-16-053621
Coastway Bancorp, Inc. · CWAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A. White
Officer — President and CEO · Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 3:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001585023
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 16, 2016 | A | 9,715 | $0.00 | A | 9,715 | D | |
| Common Stock | holding | — | — | — | 8,900 | I | By Deferred Comp. Plan | |
| Common StockF3 | holding | — | — | — | 7,586 | I | By 401(k) | |
| Common StockF3 | holding | — | — | — | 624 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $12.41 | Feb 16, 2016 | A | 22,670 | A | Feb 16, 2017 | Feb 16, 2026 | Common Stock | 22,670 | 22,670 | D |
Explanation of responses
- F1Shares of restricted stock vest at a rate of 20% per year commencing on February 16, 2017.
- F2Stock options vest at a rate of 20% per year commencing on February 16, 2017.
- F3Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.