4//SEC Filing
Gerlin Simon R 4
Accession 0001225208-20-008439
CIK 0001526952other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 1:33 PM ET
Size
6.6 KB
Accession
0001225208-20-008439
Insider Transaction Report
Form 4
Gerlin Simon R
Director
Transactions
- Disposition to Issuer
Common Stock
2020-06-01−3,100→ 0 total - Disposition to Issuer
Common Stock
2020-06-01−1,200→ 0 total(indirect: By Stock Award)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 5, 2019, by and among Cambridge Bancorp ("Cambridge"), Cambridge Trust Company, Wellesley Bancorp, Inc. ("Wellesley") and Wellesley Bank. Wellesley merged with and into Cambridge, with Cambridge continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Wellesley common stock issued and outstanding immediately prior to such time was converted into the right to receive 0.580 shares of Cambridge common stock.
- [F2]Since the reporting person's last report a certain number of shares that were previously held by Stock Awards have since vested to direct ownership.
Documents
Issuer
Wellesley Bancorp, Inc.
CIK 0001526952
Entity typeother
Related Parties
1- filerCIK 0001446894
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 1:33 PM ET
- Size
- 6.6 KB