John Migliozzi - Nov 2, 2021 Form 4 Insider Report for Meridian Bancorp, Inc. (EBSB)

Role
EVP
Signature
/s/ Sharon Plante, pursuant to power of attorney
Stock symbol
EBSB
Transactions as of
Nov 2, 2021
Transactions value $
-$46,420
Form type
4
Date filed
11/3/2021, 02:59 PM
Previous filing
Oct 7, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBSB Common Stock Options Exercise $213K +15K +24.28% $14.20 76.9K Nov 2, 2021 Direct F1, F2, F3
transaction EBSB Common Stock Tax liability -$260K -10.8K -14.04% $24.05 66.1K Nov 2, 2021 Direct F1, F2, F3
holding EBSB Common Stock 5.94K Nov 2, 2021 By IRA
holding EBSB Common Stock 9.88K Nov 2, 2021 By ESOP F4
holding EBSB Common Stock 6.69K Nov 2, 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 -15K -100% $0.00* 0 Nov 2, 2021 Common Stock 15K $14.20 Direct
holding EBSB Stock Options 7.52K Nov 2, 2021 Common Stock 7.52K $17.65 Direct F5
holding EBSB Stock Options 15K Nov 2, 2021 Common Stock 15K $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 Includes shares of restricted stock which 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.