SEC Form 4 · accession 0001593968-18-000215
CAMBRIDGE BANCORP · CATC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jennifer Pline
Officer — EVP / Head of Wealth Mgmt
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000711772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 22, 2018 | A | 735 | $0.00 | A | 735 | D | |
| Common Stock | holding | — | — | — | 290 | D | ||
| Common Stock | holding | — | — | — | 2,097 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Based Restricted StockF1 | — | Jan 22, 2018 | A | 2,204 | A | — | Dec 31, 2020 | Common Stock | 2,204 | 2,204 | D |
Explanation of responses
- F1This PRSU award will vest based upon the Company's average three-year performance relative to the Commercial Bank Peer Group for return on assets ("ROA") and diluted earnings per share ("EPS") growth for the period ending December 31, 2020. Any shares earned will vest upon Compensation Committee certification of performance achievement following completion of the performance period. Amount reflects vesting at maximum possible amount.