SEC Form 4 · accession 0001140361-18-003960
Meridian Bancorp, Inc. · EBSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Gavegnano
Officer — Chairman, President and CEO · Director
Period of report
Jan 30, 2018
Accepted (ET)
Jan 30, 2018 · 5:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600125
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3,F5 | Jan 30, 2018 | M | 18,470 | $3.88 | A | 634,486 | D | |
| Common StockF7 | holding | — | — | — | 13,467 | I | By ESOP | |
| Common Stock | holding | — | — | — | 25,000 | I | By SEP IRA | |
| Common StockF7 | holding | — | — | — | 7,615 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $3.88 | Jan 30, 2018 | M | 18,470 | D | Oct 13, 2009 | Oct 13, 2018 | Common Stock | 18,470 | 400,000 | D |
| Stock OptionsF2 | $7.4661 | holding | — | — | — | Apr 23, 2014 | Apr 23, 2023 | Common Stock | 18,363 | 18,363 | D |
| Stock OptionsF4 | $14.20 | holding | — | — | — | Nov 2, 2016 | Nov 2, 2025 | Common Stock | 375,000 | 375,000 | D |
| Stock OptionsF6 | $17.65 | holding | — | — | — | Jul 31, 2018 | Jul 31, 2027 | Common Stock | 187,500 | 187,500 | D |
| Stock Options | $3.67 | holding | — | — | — | Oct 27, 2010 | Oct 27, 2019 | Common Stock | 179,630 | 179,630 | D |
Explanation of responses
- F1Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 23, 2014.
- F2Stock options vest at a rate of 20% per year commencing on April 23, 2014.
- F3Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 2, 2016.
- F4Stock options vest at a rate of 20% per year commencing on November 2, 2016.
- F5Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.
- F6Stock options vest at a rate of 20% per year commencing on July 31, 2018.
- F7Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.