SEC Form 3 · accession 0001140361-16-073376
Pathfinder Bancorp, Inc. · PBHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D O'Brien
Officer — Vice President Finance
Period of report
Jul 21, 2016
Accepted (ET)
Jul 26, 2016 · 2:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609065
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 3,255 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 3,414 | I | By ESOP | |
| CommonF1 | holding | — | — | — | 4,218 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $10.81 | holding | — | — | — | Apr 1, 2017 | Apr 1, 2026 | Common Stock | 8,647 | — | D |
| Stock OptionsF3 | $11.35 | holding | — | — | — | May 6, 2017 | May 6, 2026 | Common Stock | 7,908 | — | D |
Explanation of responses
- F1(1) Shares of restricted stock vest over a 5 year period at 20% per year commencing on May 6, 2017
- F2(2) Stock options vest at a rate of 20% per year annually commencing on April 1, 2017
- F3(3) Stock options vest at a rate of 20% per year commencing on May 6, 2017