GORMLEY DEBRA A. (EVP & Chief Retail Banking Off) exercised options at WASHINGTON TRUST BANCORP INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/25/2021ACC: 0000737468-21-000088
Officer· EVP & Chief Retail Banking Off
Since Apr 2019
-2.75K
Net shares
Net seller
$147.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4K acquired · 6.75K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+4K
Price / share
$23.27
Trade value
$93.08K
% of position
44.1%
5/24/2021
9.07K→13.07K
Common Stock
Direct
Shares
−2.75K
Price / share
$53.63
Trade value
$147.75K
% of position
21.1%
5/24/2021
13.07K→10.32K
Total
Net shares
+1.25K
Net value
-$54.67K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/24/2021 | M · Option Exercise | +4K | $23.27 | $93.08K | 44.1% | 9.07K | 13.07K |
| Common Stock Direct | 5/24/2021 | F · Tax Withholding | −2.75K | $53.63 | $147.75K | 21.1% | 13.07K | 10.32K |
| Total | +1.25K | -$54.67K | ||||||
Derivative Transactions1
Stock Options (Right to Buy)
Direct
Converts to
Common Stock
4K shares
Shares
−4K
Strike price
23.27
Held after
0.00
Exercisable
—
5/24/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) Direct | Common Stock4K shares | 5/24/2021 | M · Option Exercise | −4K | 23.27 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)2
Stock Options (Right to Buy)
DirectUnderlying security
Common Stock
Underlying shares
950.00
Shares owned
950.00
Exercise price
32.74
Expiration
—
Exercise window
—
Stock Options (Right to Buy)
DirectUnderlying security
Common Stock
Underlying shares
2.20K
Shares owned
2.20K
Exercise price
32.77
Expiration
—
Exercise window
—
Total
Underlying
3.15K
Owned
3.15K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) Direct | Common Stock | 32.74 | — | — | 950.00 | 950.00 |
| Stock Options (Right to Buy) Direct | Common Stock | 32.77 | — | — | 2.20K | 2.20K |
| Total | 3.15K | 3.15K | ||||