John Migliozzi - 02 Nov 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
02 Nov 2021
Net transactions value
-$46,420
Form type
4
Filing time
03 Nov 2021, 14:59:14 UTC
Previous filing
07 Oct 2021
Next filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBSB Common Stock Options Exercise $213,440 +15,031 +24% $14.20 76,940 02 Nov 2021 Direct F1, F2, F3
transaction EBSB Common Stock Tax liability $259,860 -10,805 -14% $24.05 66,135 02 Nov 2021 Direct F1, F2, F3
holding EBSB Common Stock 5,937 02 Nov 2021 By IRA
holding EBSB Common Stock 9,876 02 Nov 2021 By ESOP F4
holding EBSB Common Stock 6,690 02 Nov 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 -15,031 -100% $0.000000* 0 02 Nov 2021 Common Stock 15,031 $14.20 Direct
holding EBSB Stock Options 7,516 02 Nov 2021 Common Stock 7,516 $17.65 Direct F5
holding EBSB Stock Options 15,000 02 Nov 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 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.