Meridian Bancorp (EBSB) director Gambardella acquired 40,400 shares at an average $15.22
Insider transactions reported
Domenic A Gambardella (director at Meridian Bancorp, Inc., EBSB) reported that they acquired 40,400 shares at an average $15.22, and gave up 29,801 shares at $20.64 to cover taxes or an exercise price between May 26, 2021 and Aug 26, 2021. After these transactions the filing shows 143,624 shares held directly.
- Reporting person
- Gambardella Domenic A
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Aug 26, 2021 | Exercise or conversion of a derivative (M) | Common Stock1 | +40,400 | avg $15.22 | $615K | 173,425 direct |
| Aug 26, 2021 | Shares withheld for taxes or exercise price (F) | Common Stock1 | -29,801 | $20.64 | $615K | 143,624 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 26, 2021 | Exercise or conversion of a derivative (M) | Stock Appreciation RightsOn 28,400 Common Stock | -28,400 | - | - | 0 direct |
| Aug 26, 2021 | Exercise or conversion of a derivative (M) | Stock Appreciation RightsOn 12,000 Common Stock2 | -12,000 | - | - | 3,000 direct |
Holdings before and after
- Common Stock: 133,025 to 143,624 direct
- Stock Appreciation Rights: 28,400 to 3,000 direct
Footnotes from the filing
- 1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 31, 2018.
- 2. Stock options vest at a rate of 20% per year commencing on July 31, 2018.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Gambardella report in this EBSB Form 4?
Domenic A Gambardella (director at Meridian Bancorp, Inc., EBSB) reported that they acquired 40,400 shares at an average $15.22, and gave up 29,801 shares at $20.64 to cover taxes or an exercise price between May 26, 2021 and Aug 26, 2021. After these transactions the filing shows 143,624 shares held directly.
How many EBSB shares does Gambardella hold after this filing?
The filing shows 143,624 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for EBSB
Earlier insider filings at EBSB
- Aug 13, 2021SEC Form 4: Natalucci Gregory F covered exercise/tax liability with 10,290 units of Common Stock and exercised 15,000 units of Common Stock at a strike of $14.20, increasing direct ownership by 8% to 60,949 units
- Aug 12, 2021SEC Form 4 filed by Meridian Bancorp, Inc.
- Jul 1, 2021SEC Form 4: Romano Frank exercised 24,484 units of Common Stock at a strike of $5.61, increasing direct ownership by 62% to 64,145 units
- May 13, 2021SEC Form 4: Merritt Edward J exercised 2,448 units of Common Stock at a strike of $7.47, increasing direct ownership by 6% to 45,472 units
- May 11, 2021SEC Form 4: Natalucci Gregory F exercised 3,500 units of Common Stock at a strike of $13.06 and disposed of $45,710 worth of Common Stock (2,138 units at $21.38), increasing direct ownership by 2% to 56,239 units
Keep researching EBSB
- EBSB insider tradesEvery buy and sale reported by Meridian Bancorp, Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Major Banks
- Listed since
- n/a
Follow EBSB and get a push notification the moment its next story breaks.