SEC Form 4 · accession 0001594012-18-000016
Investors Bancorp, Inc. · ISBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
P. Sean Burke
Officer — Sr VP and CFO
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594012
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2018 | A | 81,667 | $0.00 | A | 425,167 | D | |
| Common Stock | Feb 15, 2018 | F | 14,019 | $13.78 | D | 411,148 | D | |
| Common StockF2 | holding | — | — | — | 950 | I | By ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 23, 2015 the reporting person was granted 116,667 shares of restricted stock subject to the satisfaction of certain performance criteria. It was determined that the performance criteria was achieved at 70% of target, resulting in the award of 81,667 shares of restricted stock. These shares will vest at a rate of 33.3% per year commencing on February 15, 2018.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.