Richard J. Gavegnano - 11 Aug 2021 Form 4 Insider Report for Meridian Bancorp, Inc.

Role
Chairman, President and CEO, Director
Signature
/s/ Sharon Plante, pursuant to Power of Attorney
Issuer symbol
N/A
Transactions as of
11 Aug 2021
Net transactions value
-$1,283,960
Form type
4
Filing time
12 Aug 2021, 16:21:16 UTC
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBSB Common Stock Options Exercise $5,325,000 +375,000 +41% $14.20 1,300,362 11 Aug 2021 Direct F1
transaction EBSB Common Stock Tax liability $6,406,050 -309,471 -24% $20.70 990,891 11 Aug 2021 Direct F1
transaction EBSB Common Stock Options Exercise $2,647,500 +150,000 +15% $17.65 1,140,891 11 Aug 2021 Direct F1
transaction EBSB Common Stock Tax liability $2,850,411 -137,701 -12% $20.70 1,003,190 11 Aug 2021 Direct F1
holding EBSB Common Stock 25,000 11 Aug 2021 By SEP IRA
holding EBSB Common Stock 17,338 11 Aug 2021 By ESOP F2
holding EBSB Common Stock 8,140 11 Aug 2021 By 401(k) F2

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 Appreciation Rights Options Exercise $0 -375,000 -100% $0.000000* 0 11 Aug 2021 Common Stock 375,000 $14.20 Direct
transaction EBSB Stock Appreciation Rights Options Exercise $0 -150,000 -80% $0.000000 37,500 11 Aug 2021 Common Stock 150,000 $17.65 Direct F3
* 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 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock options vest at a rate of 20% per year commencing on July 31, 2018.