SEC Form 4 · accession 0001593968-19-000576
Blue Hills Bancorp, Inc. · BHBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R Sommerfield
Officer — SVP Chief Risk Officer
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 4:26 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 Stock | Feb 25, 2019 | S | 1,000 | $24.8265 | D | 7,000 | I | Youngest Son |
| Common Stock | Feb 26, 2019 | S | 500 | $24.65 | D | 6,500 | I | Youngest Son |
| Common StockF1 | holding | — | — | — | 74,410 | D | ||
| Commn StockF2 | holding | — | — | — | 48,504 | I | 401k | |
| Common StockF2 | holding | — | — | — | 5,705 | I | ESOP | |
| Common Stock | holding | — | — | — | 6,000 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF3 | $14.07 | holding | — | — | — | — | Oct 7, 2025 | Common Stock | 170,000 | 170,000 | D |
Explanation of responses
- F1Some of these securities vest every year (at anniversary)over the next 5 years starting with the first vesting in 2016.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3These awards vest every year (at anniversary) over the next 5 years starting with the first vesting in 2016