MERIDIAN BANCORP, INC. (NASDAQ:EBSB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(e)Stock Option and Restricted Stock Awards. On July31, 2017, Meridian Bancorp, Inc. (the “Company”) granted an aggregate of 682,750 stock options and 272,750 restricted stock awards under the Meridian Bancorp, Inc. 2015 Equity Incentive Plan (the “Plan”) to its directors and officers, including the Company’s named executive officers.
Each award granted under the Plan is evidenced by an award agreement signed by the grantee. The award agreements have the same terms and conditions as set forth in the form of the award agreements which were previously filed as exhibits to a Form 8-K filed on November5, 2015, and which are incorporated herein by reference. Each stock option award and each restricted stock award will vest in equal installments over a five year period, commencing one year from the date of grant, subject to acceleration under certain conditions.
| Item 5.02 | Financial Statements and Exhibits. |
Not Applicable.