Steven M. Gaven - 14 May 2021 Form 4 Insider Report for BOSTON PRIVATE FINANCIAL HOLDINGS INC

Role
EVP, Chief Financial Officer
Signature
/s/ Christopher A. Cooper, attorney-in-fact for Mr. Gaven
Issuer symbol
N/A
Transactions as of
14 May 2021
Net transactions value
+$144,001
Form type
4
Filing time
18 May 2021, 16:23:36 UTC
Next filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BPFH Common Stock Options Exercise $74,127 +4,880 +37% $15.19 18,087 14 May 2021 Direct
transaction BPFH Common Stock Options Exercise $48,912 +3,220 +18% $15.19 21,307 14 May 2021 Direct
transaction BPFH Common Stock Options Exercise $27,418 +1,805 +8.5% $15.19 23,112 14 May 2021 Direct
transaction BPFH Common Stock Options Exercise $53,423 +3,517 +15% $15.19 26,629 14 May 2021 Direct
transaction BPFH Common Stock Tax liability $14,370 -946 -3.6% $15.19 25,683 14 May 2021 Direct
transaction BPFH Common Stock Tax liability $8,051 -530 -2.1% $15.19 25,153 14 May 2021 Direct
transaction BPFH Common Stock Tax liability $21,767 -1,433 -5.7% $15.19 23,720 14 May 2021 Direct
transaction BPFH Common Stock Tax liability $15,691 -1,033 -4.4% $15.19 22,687 14 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BPFH Restricted Stock Units Options Exercise $0 -4,880 -100% $0.000000* 0 14 May 2021 Common Stock 4,880 Direct F1
transaction BPFH Performance Restricted Stock Units Options Exercise $0 -3,220 -100% $0.000000* 0 14 May 2021 Common Stock 7,319 Direct F2, F3
transaction BPFH Restricted Stock Units Options Exercise $0 -1,805 -50% $0.000000 1,805 14 May 2021 Common Stock 1,805 Direct F4
transaction BPFH Restricted Stock Units Options Exercise $0 -3,517 -33% $0.000000 7,035 14 May 2021 Common Stock 3,517 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock. Restricted Stock Units vest in full on the third anniversary of the grant date.
F2 Each Performance Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock. Performance Restricted Stock Units vest based on the Company's performance for the period January 1, 2018 through December 31, 2020.
F3 Number represents targeted performance shares initially granted for the 2018-2020 performance period. Actual shares earned were 44% of the targeted performance shares based on performance for the performance period.
F4 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's common stock. Restricted Stock Units vest ratably over a three-year period from the grant date.