Filing Details

Accession Number:
0001140361-14-029934
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-30 16:41:24
Reporting Period:
2014-07-28
Filing Date:
2014-07-30
Accepted Time:
2014-07-30 16:41:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1600125 Meridian Bancorp Inc. EBSB National Commercial Banks (6021) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1416347 J Richard Gavegnano 67 Prospect Street
Peabody MA 01960
Chairman, President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-07-28 351,345 $0.00 351,345 No 4 A Direct
Common Stock Acquisiton 2014-07-28 10,031 $0.00 10,031 No 4 A Indirect By ESOP
Common Stock Acquisiton 2014-07-28 25,000 $10.00 376,345 No 4 A Direct
Common Stock Acquisiton 2014-07-28 25,000 $10.00 25,000 No 4 A Indirect By SEP IRA
Common Stock Acquisiton 2014-07-28 7,456 $10.00 7,456 No 4 A Indirect By 401(k)
Common Stock Acquisiton 2014-07-30 671 $10.76 377,016 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Indirect By ESOP
No 4 A Direct
No 4 A Indirect By SEP IRA
No 4 A Indirect By 401(k)
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Acquisiton 2014-07-28 18,363 $0.00 18,363 $7.47
Common Stock Stock Options Acquisiton 2014-07-28 183,630 $0.00 183,630 $3.67
Common Stock Stock Options Acquisiton 2014-07-28 428,470 $0.00 428,470 $3.88
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,363 2014-04-23 2023-04-23 No 4 A Direct
183,630 2010-10-27 2019-10-27 No 4 A Direct
428,470 2009-10-13 2018-10-13 No 4 A Direct
Footnotes
  1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on October 27, 2010.
  2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 23, 2014.
  3. Stock options vest at a rate of 20% per year commencing on April 23, 2014.
  4. Stock options vest at a rate of 20% per year commencing on October 27, 2010.
  5. Pursuant to the Plan of Conversion and Reorganization of Meridian Financial Services, Incorporated, each share of Meridian Interstate Bancorp, Inc. was exchanged for 2.4484 shares of common stock of Meridian Bancorp, Inc.
  6. Pursuant to the Plan of Conversion and Reorganization of Meridian Financial Services, Incorporated, each option to purchase shares of common stock of Meridian Interstate Bancorp, Inc. was converted into an option to purchase shares of common stock of Meridian Bancorp, Inc. by multiplying the number of shares subject to each option by the 2.4484 exchange ratio. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 2.4484 exchange ratio. All such converted options continue to vest based on their original terms.