SEC Form 4 · accession 0001140361-17-021895
Pathfinder Bancorp, Inc. · PBHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George P Joyce
Director
Period of report
May 18, 2017
Accepted (ET)
May 23, 2017 · 1:34 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 StockF1 | May 6, 2016 | A | 3,515 | $0.00 | A | 5,779 | D | |
| Common StockF4 | May 18, 2017 | P | 1,000 | $15.1986 | A | 84,850 | I | By POA |
| Common Stock | holding | — | — | — | 11,888 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $11.35 | May 6, 2016 | A | 8,787 | A | May 6, 2017 | May 6, 2026 | Common Stock | 8,787 | 17,023 | D |
| Stock OptionsF3 | $5.4638 | holding | — | — | — | Jun 23, 2012 | Jun 23, 2021 | Common Stock | 8,236 | 8,236 | D |
Explanation of responses
- F1Shares of restricted stock units vest at a rate of 20% per year commencing on May 6, 2017.
- F2Stock options vest at a rate of 20% per year commencing on May 6, 2017.
- F3Stock options vest at a rate of 20% per year commencing on June 23, 2012.
- F4This transaction was executed in multiple trades at prices ranging from $15.190 to $15.200. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected