SEC Form 4 · accession 0001567619-18-003809
Coastway Bancorp, Inc. · CWAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E. Crevier
Director
Period of report
Oct 5, 2018
Accepted (ET)
Oct 5, 2018 · 6:50 pm EDT
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 | Oct 5, 2018 | J | 953 | — | D | 0 | D | |
| Common StockF1 | Oct 5, 2018 | J | 7,000 | — | D | 0 | I | By 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 | $16.40 | Oct 5, 2018 | J | 959 | D | Feb 16, 2018 | Feb 16, 2027 | Common Stock | 959 | 0 | D |
| Stock OptionsF2 | $12.41 | Oct 5, 2018 | J | 1,286 | D | Feb 16, 2017 | Feb 16, 2026 | Common Stock | 1,286 | 0 | D |
Explanation of responses
- F1Each share of Issuer common stock was converted into and became exchangeable for the right to receive $28.25 in cash.
- F2Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $28.25 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes.