SEC Form 4 · accession 0001638599-19-000171
Pilgrim Bancshares, Inc. · PLRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis E Campbell
Officer — Chairman, President & CEO · Director
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001601347
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2018 | A | 706 | $22.84 | A | 3,679 | I | By ESOP |
| Common StockF1 | Jan 31, 2019 | U | 18,455 | — | D | 0 | D | |
| Common StockF1 | Jan 31, 2019 | U | 600 | — | D | 0 | I | By Child |
| Common StockF1 | Jan 31, 2019 | U | 1,000 | — | D | 0 | I | By Trust |
| Common StockF1 | Jan 31, 2019 | U | 600 | — | D | 0 | I | By Spouse IRA |
| Common StockF1 | Jan 31, 2019 | U | 900 | — | D | 0 | I | As Custodian for child |
| Common StockF1 | Jan 31, 2019 | U | 16,750 | — | D | 0 | I | By IRA |
| Common StockF1 | Jan 31, 2019 | U | 3,679 | — | D | 0 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $12.85 | Jan 31, 2019 | U | 36,000 | D | Jun 1, 2017 | Jun 1, 2026 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Each share of common stock was converted into and became exchangeable for the right to receive $23.00 in cash pursuant to an agreement and plan of merger between Pilgrim Bancshares, Inc. and Hometown Financial Group
- F2Each stock option was converted into and became exchangeable for the right to receive $23.00 in cash less the option exercise price pursuant to an agreement and plan of merger between Pilgrim Bancshares, Inc. and Hometown Financial Group.