LOWENSTEIN CARROLL M JR 4
4 · BSB Bancorp, Inc. · Filed Apr 1, 2019
Insider Transaction Report
Form 4
LOWENSTEIN CARROLL M JR
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2019-04-01−56,139→ 0 total - Disposition to Issuer
Common Stock
2019-04-01−3,317→ 0 total(indirect: By ESOP)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated November 26, 2018 (the "Agreement"), by and between the Issuer and the People's United Financial, Inc. ("Purchaser"), each share of Issuer common stock was converted into and became exchangeable for the right to receive 2.0 shares of Purchaser common stock.
- [F2]All unvested shares of restricted stock automatically vest in full at the Effective Time (as defined in the Agreement), to the extent not previously forfeited, and shall be considered outstanding shares of common stock entitled to receive the Merger Consideration (as defined in the Agreement).
- [F3]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.