CENSULLO MARILYN A exercised options at MERIDIAN BANCORP, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

CENSULLO MARILYN A

Filed: 10/28/2019ACC: 0001209191-19-054218

InsiderCENSULLO MARILYN ACIK 1422230

→

IssuerMERIDIAN BANCORP, INC.CIK 1600125

Director

Since Mar 2019

-796.00

Net shares

Net seller

$15.6K

Total sold

Open market trades

0B · 0S

Total transactions

4.24K acquired · 5.04K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+4.24K

Price / share

$3.67

Trade value

$15.57K

% of position

5.5%

10/25/2019

76.49K→80.73K

Common Stock

Direct

F · Tax Withholding

−796.00

Price / share

$19.57

Trade value

$15.58K

% of position

1.0%

10/25/2019

80.73K→79.94K

Total

Net shares

+3.45K

Net value

-$9.58

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/25/2019	M · Option Exercise	+4.24K	$3.67	$15.57K	5.5%	76.49K	80.73K
Common Stock Direct	10/25/2019	F · Tax Withholding	−796.00	$19.57	$15.58K	1.0%	80.73K	79.94K
Total			+3.45K		-$9.58

Derivative Transactions1

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

4.24K shares

−4.24K

Strike price

3.67

Held after

0.00

Exercisable

—

10/25/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Rights Direct	Common Stock4.24K shares	10/25/2019	M · Option Exercise	−4.24K	3.67	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned2.45K

Total

2.45K indirect2.45K

Security Title	Shares Owned	Ownership Type
Common Stock	2.45K	Indirect
Total	2.45K	2.45K indirect

Derivative Holdings (Post-Transaction)4

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

3.67K

Shares owned

3.67K

Exercise price

7.4661

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

13.06

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

17.65

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

14.20

Expiration

—

Exercise window

—

Total

Underlying

52.17K

Owned

52.17K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Stock	7.4661	—	—	3.67K	3.67K
Stock Options Direct	Common Stock	13.06	—	—	3.50K	3.50K
Stock Options Direct	Common Stock	17.65	—	—	15K	15K
Stock Options Direct	Common Stock	14.20	—	—	30K	30K
Total					52.17K	52.17K