GUNNING THOMAS J exercised options at MERIDIAN BANCORP, INC.

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

M · 1 exercise

GUNNING THOMAS J

Filed: 1/24/2020ACC: 0001209191-20-004801

InsiderGUNNING THOMAS JCIK 1480262

→

IssuerMERIDIAN BANCORP, INC.CIK 1600125

Director

Since Jan 2020

-961.00

Net shares

Net seller

$18.6K

Total sold

Open market trades

0B · 0S

Total transactions

4.90K acquired · 5.86K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+4.90K

Price / share

$3.79

Trade value

$18.56K

% of position

14.2%

1/23/2020

34.39K→39.28K

Common Stock

Direct

F · Tax Withholding

−961.00

Price / share

$19.31

Trade value

$18.56K

% of position

2.4%

1/23/2020

39.28K→38.32K

Total

Net shares

+3.94K

Net value

-$1.07

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/23/2020	M · Option Exercise	+4.90K	$3.79	$18.56K	14.2%	34.39K	39.28K
Common Stock Direct	1/23/2020	F · Tax Withholding	−961.00	$19.31	$18.56K	2.4%	39.28K	38.32K
Total			+3.94K		-$1.07

Derivative Transactions1

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

4.90K shares

−4.90K

Strike price

3.79

Held after

0.00

Exercisable

—

1/23/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Rights Direct	Common Stock4.90K shares	1/23/2020	M · Option Exercise	−4.90K	3.79	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

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

30K

Shares owned

30K

Exercise price

14.20

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

2.45K

Shares owned

2.45K

Exercise price

7.4661

Expiration

—

Exercise window

—

Total

Underlying

50.95K

Owned

50.95K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Stock	13.06	—	—	3.50K	3.50K
Stock Options Direct	Common Stock	14.20	—	—	30K	30K
Stock Options Direct	Common Stock	17.65	—	—	15K	15K
Stock Options Direct	Common Stock	7.4661	—	—	2.45K	2.45K
Total					50.95K	50.95K