SEC Form 4 · accession 0001601545-15-000072
Blue Hills Bancorp, Inc. · BHBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R Sommerfield
Officer — Chief Risk Officer
Period of report
Oct 7, 2015
Accepted (ET)
Oct 9, 2015 · 4:30 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 Stock | Oct 7, 2015 | A | 75,000 | $14.07 | A | 76,500 | D | |
| Common Stock | holding | — | — | — | 8,000 | I | Youngest son | |
| Common Stock | holding | — | — | — | 8,000 | I | Eldest son | |
| Common Stock | holding | — | — | — | 12,713 | I | SERP | |
| Common Stock | holding | — | — | — | 44,987 | I | 401(k) | |
| Common Stock | holding | — | — | — | 1,500 | D | ||
| Common Stock | holding | — | — | — | 1,204 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $14.07 | Oct 7, 2025 | A | 170,000 | A | — | Oct 7, 2025 | Common Stock | 170,000 | 170,000 | D |
Explanation of responses
- F1These awards vest every year (at anniversary) over the next 5 years starting with first vesting in 2016.