Filing Details

Accession Number:
0001225208-17-017432
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-16 19:34:21
Reporting Period:
2017-11-14
Accepted Time:
2017-11-16 19:34:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1526952 Wellesley Bancorp Inc. WEBK Savings Institutions, Not Federally Chartered (6036) 453219901
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1530223 Marden Nancy Goodall 40 Central Street
Wellesley MA 02482
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-11-14 1,886 $27.25 9,400 No 4 S Indirect By Pension Plan
Common Stock Disposition 2017-11-16 100 $27.30 9,300 No 4 S Indirect By Pension Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Pension Plan
No 4 S Indirect By Pension Plan
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,611 Direct
Common Stock 10,000 Indirect By IRA
Common Stock 12,500 Indirect By Profit Sharing Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (right to buy) $15.35 2013-10-01 2022-10-01 9,027 9,027 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-10-01 9,027 9,027 Direct
Footnotes
  1. The shares being sold are held by the reporting person's employer's pension plan (the "Pension Plan"). The Pension Plan is being terminated and as a result, all assets, including shares of Wellesley Bancorp Inc. common stock held in the Pension Plan are being sold.
  2. Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2013.