4//SEC Filing
GABRIEL JAMIE L 4
Accession 0001127602-25-018339
CIK 0001018399other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 3:36 PM ET
Size
17.8 KB
Accession
0001127602-25-018339
Insider Transaction Report
Form 4
GABRIEL JAMIE L
EVP- Principal Subsidiary
Transactions
- Disposition to Issuer
Option (Right to Buy)
2025-07-01−238→ 0 totalExercise: $29.84Exp: 2029-03-19→ Common Stock (238 underlying) - Disposition to Issuer
Common Stock
2025-07-01−15,744.113→ 0 total - Disposition to Issuer
Option (Right to Buy)
2025-07-01−491→ 0 totalExercise: $28.22Exp: 2030-03-17→ Common Stock (491 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2025-07-01−345→ 0 totalExercise: $32.73Exp: 2031-03-15→ Common Stock (345 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2025-07-01−391→ 0 totalExercise: $38.58Exp: 2032-03-14→ Common Stock (391 underlying) - Tax Payment
Common Stock
2025-07-01$39.64/sh−1,111$44,040→ 15,744.113 total - Disposition to Issuer
Option (Right to Buy)
2025-07-01−344→ 0 totalExercise: $34.33Exp: 2028-03-20→ Common Stock (344 underlying)
Footnotes (3)
- [F1]In accordance with the Merger Agreement, all unvested shares of restricted stock automatically vested in full at the Effective Time (as defined in the Merger Agreement) to the extent not previously forfeited, and was considered outstanding shares of Enterprise common entitled to receive the Merger Consideration (as defined in the Merger Agreement).
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2024 (the "Merger Agreement"), by and among Enterprise Bancorp, Inc. ("Enterprise"), Enterprise Bank and Trust Company, Independent Bank Corp. ("Independent") and Rockland Trust Company, each issued and outstanding share of Enterprise common stock was converted into the right to receive (i) $2.00 in cash and (ii) 0.60 shares of Independent common stock (subject to the payment of cash in lieu of fractional shares).
- [F3]In accordance with the Merger Agreement, each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Enterprise common stock provided for in such option and (ii) the excess, if any, of the Per Share Cash Equivalent Consideration (as defined in the Merger Agreement) over the exercise price per share of Enterprise common stock provided for in such option, which cash payment was made without interest and was net of all applicable withholding taxes.
Documents
Issuer
ENTERPRISE BANCORP INC /MA/
CIK 0001018399
Entity typeother
Related Parties
1- filerCIK 0001701784
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 3:36 PM ET
- Size
- 17.8 KB