John A. Carroll - 12 Nov 2021 Form 4 Insider Report for Meridian Bancorp, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Nov 2021, 15:08:01 UTC
Prior SEC filing
10 May 2021
Next SEC filing
30 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ned A. Quint, pursuant to power of attorney

Key filing fact

John A. Carroll filed Form 4 for Meridian Bancorp, Inc. on 15 Nov 2021.

Key facts

  • This page summarizes John A. Carroll's Form 4 filing for Meridian Bancorp, Inc..
  • 9 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 15 Nov 2021, 15:08.

Change

  • Previous filing in this sequence was filed on 10 May 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EBSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-31,172
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Footnotes
F1, F2, F4
EBSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-8,409
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
By ESOP
Footnotes
F4, F6
EBSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-4,011
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
By 401(k)
Footnotes
F4, F6
EBSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-14,896
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
By IRA
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EBSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-15,032
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,032
Exercise price
$17.65
Footnotes
F3, F5
EBSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-30,062
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,062
Exercise price
$14.20
Footnotes
F5
EBSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-3,000
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
$13.06
Footnotes
F5
EBSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-1,224
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,224
Exercise price
$7.47
Footnotes
F5
EBSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-6,121
Change %
-100%
Price
Shares after
0
Date
12 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,121
Exercise price
$5.38
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John A. Carroll is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Includes shares of restricted stock which vest at a rate of 20% per year commencing on May 6, 2022.

Footnote F2

Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.

Footnote F3

Stock options vest at a rate of 20% per year commencing on July 31, 2018.

Footnote F4

Each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.275 shares of Independent Bank Corp. ("Buyer") common stock.

Footnote F5

Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $24.926 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes.

Footnote F6

Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

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