| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol HarborOne Bancorp, Inc./NEW [ HONE ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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| 3. Date of Earliest Transaction (Month/Day/Year) 08/14/2019 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 08/14/2019 | J(1) | 8,797 | A | $0 | 8,797(2) | D | |||
| Common Stock | 08/14/2019 | A | 5,000 | A | $10 | 13,797(2) | D | |||
| Common Stock | 08/14/2019 | A | 325 | A | $10 | 325 | I | By 401K | ||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option (Right to Buy) | $10.6 | 08/14/2019 | J(3) | 23,451 | (4) | 09/25/2028 | Common Stock | 23,451 | $0 | 23,451 | D | ||||
| Explanation of Responses: |
| 1. Pursuant to the Plan of Conversion of HarborOne Mutual Bancshares (the "MHC") each share of HarborOne Bancorp, Inc. was exchanged for 1.79543146 shares of common stock of a new Massachusetts corporation also named HarborOne Bancorp, Inc. (formerly HarborOne NorthEast Bancorp, Inc.). |
| 2. Includes 8,797 in restricted stock awards that vest in three annual installments starting on September 26, 2019. |
| 3. Pursuant to the Plan of Conversion of the MHC, each option to purchase shares of common stock of HarborOne Bancorp, Inc. was converted into an option to purchase shares of common stock of new Massachusetts corporation also named HarborOne Bancorp, Inc. (formerly HarborOne NorthEast Bancorp, Inc.) by multiplying the number of shares subject to each option by the 1.79543146 exchange ratio. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 1.79543146 exchange ratio. |
| 4. The options vest in three annual installments starting on September 26, 2019. |
| /s/ Linda H. Simmons, attorney-in-fact | 08/16/2019 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
