4//SEC Filing
Gavegnano Richard J 4
Accession 0001567619-21-020446
CIK 0001600125other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:18 PM ET
Size
9.2 KB
Accession
0001567619-21-020446
Insider Transaction Report
Form 4
Gavegnano Richard J
DirectorChairman, President and CEO
Transactions
- Disposition to Issuer
Common Stock
2021-11-12−1,036,330→ 0 total - Disposition to Issuer
Common Stock
2021-11-12−17,338→ 0 total(indirect: By ESOP) - Disposition to Issuer
Stock Options
2021-11-12−37,500→ 0 totalExercise: $17.65From: 2018-07-31Exp: 2027-07-31→ Common Stock (37,500 underlying)
Footnotes (5)
- [F1]Shares of restricted stock vest at a rate of 20% per year commencing on July 31, 2018.
- [F2]Stock options vest at a rate of 20% per year commencing on July 31, 2018.
- [F3]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.
- [F4]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.
- [F5]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Documents
Issuer
Meridian Bancorp, Inc.
CIK 0001600125
Entity typeother
Related Parties
1- filerCIK 0001416347
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:18 PM ET
- Size
- 9.2 KB