SEC Form 4 · accession 0001140361-16-065109
Melrose Bancorp, Inc. · MELR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D. Jones
Officer — President and CEO · Director
Period of report
May 12, 2016
Accepted (ET)
May 13, 2016 · 2:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600890
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2016 | A | 10,000 | $0.00 | A | 10,000 | D | |
| Common Stock | holding | — | — | — | 5,565 | I | By Spouse's IRA | |
| Common Stock | holding | — | — | — | 1,435 | I | By Spouse | |
| Common Stock | holding | — | — | — | 1,500 | I | By Dauther 1 | |
| Common Stock | holding | — | — | — | 1,500 | I | By Dauther 2 | |
| Common Stock | holding | — | — | — | 30,000 | 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 OptionsF2 | $15.13 | May 12, 2016 | A | 65,000 | A | May 12, 2017 | May 12, 2026 | Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1Shares of restricted stock vest at a rate of 20% per year commencing on May 12, 2017.
- F2Stock options vest at a rate of 20% per year commencing on May 12, 2017.