John Migliozzi - 06 May 2021 Form 4 Insider Report for Meridian Bancorp, Inc.

Role
EVP
Signature
/s/ Sharon Plante, pursuant to Power of Attorney
Issuer symbol
N/A
Transactions as of
06 May 2021
Net transactions value
+$33,482
Form type
4
Filing time
10 May 2021, 16:29:33 UTC
Next filing
07 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBSB Common Stock Options Exercise $33,482 +6,121 +13% $5.47* 54,685 06 May 2021 Direct F1, F2
transaction EBSB Common Stock Award $0 +4,500 +8.2% $0.000000 59,185 06 May 2021 Direct F1, F2, F3
holding EBSB Common Stock 5,937 06 May 2021 By IRA
holding EBSB Common Stock 9,876 06 May 2021 By ESOP F4
holding EBSB Common Stock 6,627 06 May 2021 By 401(k) F4

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 EBSB Stock Options Options Exercise $0 -6,121 -100% $0.000000* 0 06 May 2021 Common Stock 6,121 $5.47 Direct
holding EBSB Stock Options 1,224 06 May 2021 Common Stock 1,224 $7.47 Direct
holding EBSB Stock Options 1,500 06 May 2021 Common Stock 1,500 $13.06 Direct
holding EBSB Stock Options 15,031 06 May 2021 Common Stock 15,031 $14.20 Direct
holding EBSB Stock Options 7,516 06 May 2021 Common Stock 7,516 $17.65 Direct F5
holding EBSB Stock Options 15,000 06 May 2021 Common Stock 15,000 $17.30 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 15, 2020.
F3 Shares of restricted stock vest at a rate of 20% per year commencing on May 6, 2022.
F4 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5 Stock options vest at a rate of 20% per year commencing on July 31, 2018.
F6 Stock options vest at a rate of 20% per year commencing on May 15, 2020.