Burrow Lynne M. 4
4 · CAMBRIDGE BANCORP · Filed Jan 24, 2018
Insider Transaction Report
Form 4
Burrow Lynne M.
Executive VP & CIO
Transactions
- Award
Performance Based Restricted Stock
2018-01-22+980→ 980 totalExp: 2020-12-31→ Common Stock (980 underlying) - Award
Common Stock
2018-01-22+327→ 327 total
Holdings
- 30,803
Common Stock
- 1,394
Performance Based Restricted Stock Units
Exp: 2017-12-31→ Common Stock (1,394 underlying) - 2,964
Performance Based Restricted Stock Units
Exp: 2018-12-31→ Common Stock (2,964 underlying) - 4,185(indirect: ESOP)
Common Stock
- 2,180
Performance Based Restricted Stock Units
Exp: 2019-12-31→ Common Stock (2,180 underlying)
Footnotes (4)
- [F1]This PRSU award will vest based upon the Company's average three-year performance relative to the Commercial Bank Peer Group for return on assets ("ROA") and diluted earnings per share ("EPS") growth for the period ending December 31, 2020. Any shares earned will vest upon Compensation Committee certification of performance achievement following completion of the performance period. Amount reflects vesting at maximum possible amount.
- [F2]This PRSU award will vest based upon the Bank's average three-year performance relative to the Commercial Bank Peer Group for ROA and diluted EPS growth for the period ending December 31, 2017. Any shares earned will vest upon Compensation Committee certification of performance achievement following completion of the performance period. Amount reflects vesting at maximum possible amount.
- [F3]This PRSU award will vest based upon the Bank's average three-year performance relative to the Commercial Bank Peer Group for ROA and diluted EPS growth for the period ending December 31, 2019. Any shares earned will vest upon Compensation Committee certification of performance achievement following completion of the performance period. Amount reflects vesting at maximum possible amount.
- [F4]This PRSU award will vest based upon the Bank's average three-year performance relative to the Commercial Bank Peer Group for return on assets ("ROA") and diluted earnings per share ("EPS") growth for the period ending December 31, 2018. Any shares earned will vest upon Compensation Committee certification of performance achievement following completion of the performance period. Amount reflects vesting at maximum possible amount.