SEC Form 4 · accession 0001209191-18-053661
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
Oct 2, 2018
Accepted (ET)
Oct 3, 2018 · 1:43 pm EDT
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,F2 | Oct 2, 2018 | M | 179,630 | $3.67 | A | 1,021,792 | D | |
| Common StockF1,F2 | Oct 2, 2018 | F | 101,748 | $16.72 | D | 920,044 | D | |
| Common StockF3 | holding | — | — | — | 14,498 | I | By ESOP | |
| Common Stock | holding | — | — | — | 25,000 | I | By SEP IRA | |
| Common StockF3 | 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 Appreciation Rights | $3.67 | Oct 2, 2018 | M | 179,630 | D | Oct 27, 2010 | Oct 27, 2019 | Common Stock | 179,630 | 0 | D |
| Stock Options | $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 OptionsF5 | $17.65 | holding | — | — | — | Jul 31, 2018 | Jul 31, 2027 | Common Stock | 187,500 | 187,500 | D |
Explanation of responses
- F1Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 2, 2016.
- F2Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.
- F3Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F4Stock options vest at a rate of 20% per year commencing on November 2, 2016.
- F5Stock options vest at a rate of 20% per year commencing on July 31, 2018.