Meridian Bancorp, Inc. 4
4 · Meridian Bancorp, Inc. · Filed Jul 30, 2014
Insider Transaction Report
Form 4
Basile Vincent D
Director
Transactions
- Award
Common Stock
2014-07-28+22,473→ 22,473 total - Award
Common Stock
2014-07-28$10.00/sh+2,000$20,000→ 24,473 total - Award
Stock Options
2014-07-28+6,121→ 6,121 totalExercise: $7.47From: 2014-04-23Exp: 2023-04-23→ Common Stock (6,121 underlying) - Award
Stock Options
2014-07-28+24,484→ 24,484 totalExercise: $3.67From: 2010-10-27Exp: 2019-10-27→ Common Stock (24,484 underlying) - Award
Stock Options
2014-07-28+7,345→ 7,345 totalExercise: $3.88From: 2009-10-13Exp: 2018-10-13→ Common Stock (7,345 underlying)
Footnotes (6)
- [F1]Includes shares of restricted stock which vest at a rate of 20% per year commencing on October 27, 2010.
- [F2]Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 23, 2014.
- [F3]Stock options vest at a rate of 20% per year commencing on April 23, 2014.
- [F4]Stock options vest at a rate of 20% per year commencing on October 27, 2010.
- [F5]Pursuant to the Plan of Conversion and Reorganization of Meridian Financial Services, Incorporated, each share of Meridian Interstate Bancorp, Inc. was exchanged for 2.4484 shares of common stock of Meridian Bancorp, Inc.
- [F6]Pursuant to the Plan of Conversion and Reorganization of Meridian Financial Services, Incorporated, each option to purchase shares of common stock of Meridian Interstate Bancorp, Inc. was converted into an option to purchase shares of common stock of Meridian Bancorp, Inc. by multiplying the number of shares subject to each option by the 2.4484 exchange ratio. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 2.4484 exchange ratio. All such converted options continue to vest based on their original terms.