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
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on October 27, 2010.
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 23, 2014.
- Stock options vest at a rate of 20% per year commencing on April 23, 2014.
- Stock options vest at a rate of 20% per year commencing on October 27, 2010.
- 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.
- 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.