4//SEC Filing
Shea Leslie B 4
Accession 0001225208-20-008445
CIK 0001526952other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 1:33 PM ET
Size
11.8 KB
Accession
0001225208-20-008445
Insider Transaction Report
Form 4
Shea Leslie B
Director
Transactions
- Disposition to Issuer
Common Stock
2020-06-01−33,538→ 0 total - Exercise/Conversion
Common Stock
2020-03-26$27.92/sh+9,027$252,034→ 33,538 total - Disposition to Issuer
Common Stock
2020-06-01−2,500→ 0 total(indirect: By Trust) - Exercise/Conversion
Stock Options (right to buy)
2020-03-26$27.92/sh−9,027$252,034→ 0 totalExercise: $15.35From: 2013-10-01Exp: 2022-10-01→ Common Stock (9,027 underlying) - Disposition to Issuer
Common Stock
2020-06-01−5,000→ 0 total(indirect: By Trust)
Footnotes (3)
- [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 Award have since vested to direct ownership.
- [F3]Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.
Documents
Issuer
Wellesley Bancorp, Inc.
CIK 0001526952
Entity typeother
Related Parties
1- filerCIK 0001530227
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 1:33 PM ET
- Size
- 11.8 KB