MERRITT EDWARD J (EVP) exercised options at MERIDIAN BANCORP, INC.

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

M · 1 exercise

MERRITT EDWARD J

Filed: 1/10/2020ACC: 0001209191-20-002964

InsiderMERRITT EDWARD JCIK 1480263

→

IssuerMERIDIAN BANCORP, INC.CIK 1600125

DirectorOfficer· EVP

Since Oct 2018

0.00

Net shares

Net seller

$46.4K

Total acquired

Open market trades

0B · 0S

Total transactions

12.24K acquired · 12.24K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+12.24K

Price / share

$3.79

Trade value

$46.40K

% of position

46.6%

1/9/2020

26.28K→38.52K

Total

Net shares

+12.24K

Net value

$46.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/9/2020	M · Option Exercise	+12.24K	$3.79	$46.40K	46.6%	26.28K	38.52K
Total			+12.24K		$46.40K

Derivative Transactions1

Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

12.24K shares

−12.24K

Strike price

3.79

Held after

0.00

Exercisable

—

1/9/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options Direct	Common Stock12.24K shares	1/9/2020	M · Option Exercise	−12.24K	3.79	—	0.00

Non-Derivative Holdings (Post-Transaction)3

Common Stock

Indirect

Shares owned8.86K

Common Stock

Indirect

Shares owned22.36K

Common Stock

Indirect

Shares owned17.73K

Total

48.95K indirect48.95K

Security Title	Shares Owned	Ownership Type
Common Stock	8.86K	Indirect
Common Stock	22.36K	Indirect
Common Stock	17.73K	Indirect
Total	48.95K	48.95K indirect

Derivative Holdings (Post-Transaction)4

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

13.06

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

30.06K

Shares owned

30.06K

Exercise price

14.20

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

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

15.03K

Shares owned

15.03K

Exercise price

17.65

Expiration

—

Exercise window

—

Total

Underlying

50.54K

Owned

50.54K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Stock	13.06	—	—	3K	3K
Stock Options Direct	Common Stock	14.20	—	—	30.06K	30.06K
Stock Options Direct	Common Stock	7.4661	—	—	2.45K	2.45K
Stock Options Direct	Common Stock	17.65	—	—	15.03K	15.03K
Total					50.54K	50.54K