Migliozzi John 4

4 · Meridian Bancorp, Inc. · Filed Nov 15, 2021

Form 4

Period: 2021-11-12

EVP

Transactions

Disposition to Issuer
Common Stock
2021-11-12−66,135→ 0 total
Disposition to Issuer
Common Stock
2021-11-12−5,937→ 0 total(indirect: By IRA)
Disposition to Issuer
Common Stock
2021-11-12−9,876→ 0 total(indirect: By ESOP)
Disposition to Issuer
Common Stock
2021-11-12−6,690→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Options
2021-11-12+7,516→ 0 total
Exercise: $17.65From: 2018-07-31Exp: 2027-07-31→ Common Stock (7,516 underlying)
Disposition to Issuer
Stock Options
2021-11-12+15,000→ 0 total
Exercise: $17.30From: 2020-05-15Exp: 2029-05-15→ Common Stock (15,000 underlying)

Footnotes (8)

[F1]Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.
[F2]Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 15, 2020.
[F3]Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 6, 2022.
[F4]Stock options vest at a rate of 20% per year commencing on July 31, 2018.
[F5]Stock options vest at a rate of 20% per year commencing on May 15, 2020.
[F6]Each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.275 shares of Independent Bank Corp. ("Buyer") common stock.
[F7]Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $24.926 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes.
[F8]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

Documents

1 file