4//SEC Filing
Sanborn H. Scott 4
Accession 0001104659-25-105602
CIK 0001769617other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 4:48 PM ET
Size
9.6 KB
Accession
0001104659-25-105602
Insider Transaction Report
Form 4
Sanborn H. Scott
EVP, Chief Lending Officer
Transactions
- Other
Stock Option (Right to Buy)
2025-11-01−62,840→ 0 totalExercise: $10.23Exp: 2027-08-15→ Common Stock (62,840 underlying) - Award
Common Stock
2025-11-01+15,716→ 78,573 total - Disposition to Issuer
Common Stock
2025-11-01−78,573→ 0 total
Footnotes (3)
- [F1]Pursuant to the merger agreement, dated as of April 24, 2025, by and among Eastern Bankshares, Inc. ("Eastern"), Eastern Bank, HarborOne Bancorp, Inc. ("HarborOne"), and HarborOne Bank (the "Merger Agreement"), each outstanding performance unit vested at the target level of performance.
- [F2]Pursuant to the Merger Agreement, each share of HarborOne common stock was converted into the right to receive, at the election of the holder, either (i) $12.00 in cash or (ii) 0.765 shares of Eastern common stock (the "Exchange Ratio"), subject to certain proration provisions contained in the Merger Agreement.
- [F3]Pursuant to the Merger Agreement, each outstanding and unexercised option to purchase shares of HarborOne common stock was converted into an option to purchase shares of Eastern common stock. As further described in the Merger Agreement, the number of underlying shares of resulting Eastern common stock subject to such options and the related exercise price were adjusted by the Exchange Ratio.
Documents
Issuer
HarborOne Bancorp, Inc.
CIK 0001769617
Entity typeother
Related Parties
1- filerCIK 0001675287
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 4:48 PM ET
- Size
- 9.6 KB