SEC Form 5 · accession 0001593968-19-000496
Blue Hills Bancorp, Inc. · BHBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Houston Jr.
Director
Period of report
Dec 31, 2018
Accepted (ET)
Feb 20, 2019 · 3:48 pm EST
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 | Mar 22, 2018 | L | 60 | $20.34 | A | 20,938 | D | |
| Common StockF2,F3 | Jun 14, 2018 | L | 20 | $21.285 | A | 20,958 | D | |
| Common StockF2,F3 | Aug 23, 2018 | L | 24 | $23.3931 | A | 20,981 | D | |
| Common StockF2,F3 | Dec 19, 2018 | L | 26 | $21.243 | A | 21,008 | D | |
| Common Stock | Dec 31, 2018 | L | 425 | $21.36 | A | 5,425 | I | Spouse's IRA |
| Common Stock | holding | — | — | — | 1,000 | I | Business Partnership | |
| Common Stock | holding | — | — | — | 44,532 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F4 | $14.07 | holding | — | — | — | Oct 7, 2016 | Oct 7, 2025 | Blue Hills Bancorp, Inc Common Stock | 55,000 | 55,000 | D |
Explanation of responses
- F1This transaction was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, against a sale transaction which occurred on December 12, 2017 and was previously reported on a Form 4. Mr. Houston has paid the Issuer $9.40, representing the full amount of profit realized in connection with the short-swing transactions.
- 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 2016.