DOHERTY JOHN D 4
4 · CENTRAL BANCORP INC /MA/ · Filed Mar 21, 2011
Insider Transaction Report
Form 4
DOHERTY JOHN D
DirectorCEO and Chairman10% Owner
Transactions
- Award
Common Stock
2011-03-17$18.48/sh+8,049$148,746→ 8,049 total(indirect: Restricted Stock III)
Holdings
- 11,561
Stock Option (Right to Buy)
Exercise: $28.99From: 2005-03-17Exp: 2015-03-17→ Common Stock (11,561 underlying) - 239,706
Common Stock
- 15,000(indirect: Restricted Stock II)
Common Stock
- 20,079(indirect: By ESOP)
Common Stock
- 3,600(indirect: Restricted Stock)
Common Stock
Footnotes (4)
- [F1]Restricted stock vests over a 5-year period with the first 40% vesting on the second anniversary of the award and in three annual 20% increments thereafter.
- [F2]Since the reporting person's last report, shares of restricted stock have vested and are now held directly.
- [F3]Restricted stock award pursuant to the Central Bancorp, Inc. 2006 Long-Term Incentive Plan. Awards vest equally over a 5-year period commencing on October 19, 2007, the first anniversary of the grant date.
- [F4]The shares of restricted stock are subject to a 2-year cliff vesting schedule, whereby 100% of the shares will vest on February 18, 2012.