Letner Ralph 4
4 · Wellesley Bancorp, Inc. · Filed Dec 20, 2017
Insider Transaction Report
Form 4
Letner Ralph
SVP & Chief Lending Officer
Transactions
- Tax Payment
Common Stock
2017-10-02$27.00/sh−326$8,802→ 2,031 total
Holdings
- 1,864(indirect: By 401(k))
Common Stock
- 10,000
Stock Options (right to buy)
Exercise: $19.00Exp: 2024-10-01→ Common Stock (10,000 underlying) - 2,000(indirect: By Stock Award)
Common Stock
- 1,026(indirect: By ESOP)
Common Stock
Footnotes (4)
- [F1]Since the reporting person's last report, 1,000 shares of restricted stock held indirectly under the Stock Award have vested. 674 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).
- [F3]Stock awards granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five equal installments commencing on October 1, 2015.
- [F4]Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five equal installments commencing on October 1, 2015.