0001567619-19-007918.txt : 20190401
0001567619-19-007918.hdr.sgml : 20190401
20190401134054
ACCESSION NUMBER: 0001567619-19-007918
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190401
FILED AS OF DATE: 20190401
DATE AS OF CHANGE: 20190401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MORRISSEY ROBERT J
CENTRAL INDEX KEY: 0001531357
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35309
FILM NUMBER: 19719765
MAIL ADDRESS:
STREET 1: 2 LEONARD STREET
CITY: BELMONT
STATE: MA
ZIP: 02478
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BSB Bancorp, Inc.
CENTRAL INDEX KEY: 0001522420
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 LEONARD STREET
CITY: BELMONT
STATE: MA
ZIP: 02478
BUSINESS PHONE: (617) 484-6700
MAIL ADDRESS:
STREET 1: 2 LEONARD STREET
CITY: BELMONT
STATE: MA
ZIP: 02478
4
1
doc1.xml
FORM 4
X0306
4
2019-04-01
1
0001522420
BSB Bancorp, Inc.
BLMT
0001531357
MORRISSEY ROBERT J
2 LEONARD STREET
BELMONT
MA
02478
1
0
0
0
Common Stock
2019-04-01
4
D
0
76670
D
0
D
Common Stock
2019-04-01
4
D
0
5000
D
0
I
By Retirement Plan
Common Stock
2019-04-01
4
D
0
29311
D
0
I
By Spouse
Stock Options
12.04
2019-04-01
4
D
0
45864
D
2013-11-28
2022-11-28
Common Stock
45864
0
D
Pursuant to the Agreement and Plan of Merger dated November 26, 2018 (the "Agreement"), by and between the Issuer and the People's United Financial, Inc. ("Purchaser"), each share of Issuer common stock was converted into and became exchangeable for the right to receive 2.0 shares of Purchaser common stock.
All unvested shares of restricted stock automatically vest in full at the Effective Time (as defined in the Agreement), to the extent not previously forfeited, and shall be considered outstanding shares of common stock entitled to receive the Merger Consideration (as defined in the Agreement).
Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a number of shares of Purchaser common stock equal to the quotient of (A) the product of (x) the number of shares of Issuer common stock subject to such Issuer stock option, multiplied by (y) the excess, if any, of the Per Share Stock Consideration (as defined in the Agreement) over the exercise price per share of Issuer common stock subject to such Issuer stock option divided by (B) the Purchaser share closing price, with cash payable in lieu of any fractional shares.
/s/ John A. Citrano, pursuant to power of attorney
2019-04-01