ROMANO FRANK (EVP) exercised options at MERIDIAN BANCORP, INC.

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

M · 4 exercises

ROMANO FRANK

Filed: 10/4/2021ACC: 0001567619-21-017795

InsiderROMANO FRANKCIK 1633099

→

IssuerMERIDIAN BANCORP, INC.CIK 1600125

Officer· EVP

Since Oct 2018

-37.03K

Net shares

Net seller

$800.3K

Total sold

Open market trades

0B · 0S

Total transactions

47.54K acquired · 84.57K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+2.45K

Price / share

$7.47

Trade value

$18.29K

% of position

3.8%

10/1/2021

64.14K→66.59K

Common Stock

Direct

M · Option Exercise

+3K

Price / share

$13.06

Trade value

$39.18K

% of position

4.5%

10/1/2021

66.59K→69.59K

Common Stock

Direct

M · Option Exercise

+30.06K

Price / share

$14.20

Trade value

$426.88K

% of position

43.2%

10/1/2021

69.59K→99.66K

Common Stock

Direct

M · Option Exercise

+12.03K

Price / share

$17.65

Trade value

$212.26K

% of position

12.1%

10/1/2021

99.66K→111.68K

Common Stock

Direct

F · Tax Withholding

−37.03K

Price / share

$21.61

Trade value

$800.26K

% of position

33.2%

10/1/2021

111.68K→74.65K

Total

Net shares

+10.50K

Net value

-$103.66K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/1/2021	M · Option Exercise	+2.45K	$7.47	$18.29K	3.8%	64.14K	66.59K
Common Stock Direct	10/1/2021	M · Option Exercise	+3K	$13.06	$39.18K	4.5%	66.59K	69.59K
Common Stock Direct	10/1/2021	M · Option Exercise	+30.06K	$14.20	$426.88K	43.2%	69.59K	99.66K
Common Stock Direct	10/1/2021	M · Option Exercise	+12.03K	$17.65	$212.26K	12.1%	99.66K	111.68K
Common Stock Direct	10/1/2021	F · Tax Withholding	−37.03K	$21.61	$800.26K	33.2%	111.68K	74.65K
Total			+10.50K		-$103.66K

Derivative Transactions4

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

2.45K shares

−2.45K

Strike price

7.47

Held after

0.00

Exercisable

—

10/1/2021

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

3K shares

−3K

Strike price

13.06

Held after

0.00

Exercisable

—

10/1/2021

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

30.06K shares

−30.06K

Strike price

14.20

Held after

0.00

Exercisable

—

10/1/2021

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

12.03K shares

−12.03K

Strike price

17.65

Held after

3.01K

Exercisable

—

10/1/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Rights Direct	Common Stock2.45K shares	10/1/2021	M · Option Exercise	−2.45K	7.47	—	0.00
Stock Appreciation Rights Direct	Common Stock3K shares	10/1/2021	M · Option Exercise	−3K	13.06	—	0.00
Stock Appreciation Rights Direct	Common Stock30.06K shares	10/1/2021	M · Option Exercise	−30.06K	14.20	—	0.00
Stock Appreciation Rights Direct	Common Stock12.03K shares	10/1/2021	M · Option Exercise	−12.03K	17.65	—	3.01K

Non-Derivative Holdings (Post-Transaction)4

Common Stock

Indirect

Shares owned139.71K

Common Stock

Indirect

Shares owned9.31K

Common Stock

Indirect

Shares owned6.59K

Common Stock

Indirect

Shares owned5.36K

Total

160.97K indirect160.97K

Security Title	Shares Owned	Ownership Type
Common Stock	139.71K	Indirect
Common Stock	9.31K	Indirect
Common Stock	6.59K	Indirect
Common Stock	5.36K	Indirect
Total	160.97K	160.97K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported