Wellesley Bancorp, Inc. 4
4 · Wellesley Bancorp, Inc. · Filed Mar 11, 2016
Insider Transaction Report
Form 4
Letner Ralph
SVP & Chief Lending Officer
Transactions
- Tax Payment
Common Stock
2015-10-01$19.14/sh−326$6,240→ 674 total
Holdings
- 1,278.134(indirect: By 401(k))
Common Stock
- 10,000
Stock Options (right to buy)
Exercise: $19.00Exp: 2024-10-01→ Common Stock (10,000 underlying) - 4,000(indirect: By Stock Award)
Common Stock
- 400.18(indirect: By ESOP)
Common Stock
Footnotes (5)
- [F1]Since the reporting person's last report, 1,000 shares of restricted stock held indirectly under the Stock Award have vested. 624 of such vested shares are now held directly.
- [F2]This Form 4 reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c). The Wellesley Bank Employee 401(k) Plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Wellesley Bancorp common stock.
- [F3]This Form 4 reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- [F4]Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five equal installments commencing on October 1, 2015.
- [F5]Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five equal installments commencing on October 1, 2015.