Deutsch Clayton 4
4 · BOSTON PRIVATE FINANCIAL HOLDINGS INC · Filed Jan 18, 2018
Insider Transaction Report
Form 4
Deutsch Clayton
DirectorCEO and President
Transactions
- Exercise/Conversion
Common Stock
2018-01-16+63,014→ 779,825.852 total - Tax Payment
Common Stock
2018-01-16$15.60/sh−28,458$443,945→ 751,367.852 total - Exercise/Conversion
Performance Shares
2018-01-16−63,014→ 0 totalExercise: $13.14→ Common Stock (91,324 underlying)
Footnotes (3)
- [F1]Each Performance Share represented a contingent right to receive a share of BPFH Common Stock upon achieving certain performance targets. Performance Shares vested based on the Company's performance for the period January 1, 2015 through December 31, 2017. The shares were received for no consideration upon achieving performance targets.
- [F2]December 17, 2014 grant date common stock closing price.
- [F3]Number represents targeted performance shares initially granted for the 2015-2017 performance period. 69% of these shares vested based upon the Company's performance during the performance period. The remaining performance shares were forfeited.