SEC Form 4 · accession 0000821127-16-000190
BOSTON PRIVATE FINANCIAL HOLDINGS INC · BPFH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Kaye
Officer — EVP, CFO and CAO
Period of report
May 13, 2016
Accepted (ET)
May 17, 2016 · 7:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821127
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 13, 2016 | F | 4,009 | $11.67 | D | 118,722 | D | |
| Common StockF2,F3 | May 13, 2016 | A | 11,263 | $11.32 | A | 129,985 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF3,F4 | $0.00 | May 13, 2016 | A | 16,895 | A | — | — | Common Stock | 16,895 | 16,895 | D |
Explanation of responses
- F1Forfeiture of shares to satisfy tax obligation related to restricted shares which vested on May 15, 2016.
- F2This grant of restricted stock vests May 15, 2019.
- F330 day average share price, according to Plan.
- F4Performance shares vest based on the Company's performance for the period January 1, 2016 through December 31, 2018.