SEC Form 4 · accession 0001593968-18-001327
Blue Hills Bancorp, Inc. · BHBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Driscoll
Officer — EVP/Residential Lending
Period of report
Oct 7, 2018
Accepted (ET)
Oct 10, 2018 · 6:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001601545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Oct 7, 2018 | F | 2,487 | $24.29 | D | 79,614 | D | |
| Common StockF2 | holding | — | — | — | 5,599 | I | ESOP | |
| Common StockF2 | holding | — | — | — | 13,908 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF4 | $18.20 | holding | — | — | — | — | Jan 10, 2027 | Common Stock | 100,000 | 100,000 | D |
| OptionF5 | $14.07 | holding | — | — | — | — | Oct 7, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1RSA with 5 years vesting schedule
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3Some of these securities vest every year (at anniversary)over the next 5 years starting with the first vesting in 2016.
- F4These awards vest every year (at anniversary) over the next 5 years starting with the first vesting in 2018.
- F5These awards vest every year (at anniversary) over the next 5 years starting with the first vesting in 2016.