Sec Form 13D Filing - SEIDMAN LAWRENCE B filing for Pilgrim Bancshares Inc. (PLRM) - 2019-02-06

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
 

 
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________

SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. 1)

Pilgrim Bancshares, Inc.
(Name of Issuer)

Common Stock, $0.01 Par Value
(Title of Class of Securities)

72143J105
(CUSIP Number)

LAWRENCE B. SEIDMAN
100 Lanidex Plaza, 1st Floor
Parsippany, New Jersey 07054
(973) 952-0405

STEVE WOLOSKY, ESQ.
OLSHAN FROME WOLOSKY LLP
1325 Avenue of the Americas
New York, New York 10019
(212) 451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

February 4, 2019
(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box .



 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
Seidman and Associates, L.L.C.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                                (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
             
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
0
             
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                    
 
0
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                                                      
 
0%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 


 
 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
            
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
0
  ;           
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
       
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
PN
 

 


 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership II, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
 
0
            
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
           
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
PN



 
 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership III, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
   
    0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 0
      
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
PN

 


 
 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
LSBK06-08, L.L.C.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                                (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
    WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Florida
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 0
          
8
SHARED VOTING POWER
 
- 0 -
9
SOLE DISPOSITIVE POWER
          
    0
          
10
SHARED DISPOSITIVE POWER
 
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     0
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
OO



 
CUSIP No. 72143J105
   


1
NAME OF REPORTING PERSONS
 
Broad Park Investors, L.L.C.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x 
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 0%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 
 

 
 
CUSIP No. 72143J105
   
 
1
NAME OF REPORTING PERSONS
 
    Chewy Gooey Cookies, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x 
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Delaware
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
PN
 
 

 
 
CUSIP No. 72143J105
   
 
1
NAME OF REPORTING PERSONS
 
CBPS, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a)  
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
OO

 

 
 
 
CUSIP No. 72143J105
   
1
NAME OF REPORTING PERSONS
 
Veteri Place Corporation
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*     (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
      
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
CO
 
 

 
 
CUSIP No. 72143J105
   
 
1
NAME OF REPORTING PERSONS
 
JBRC I, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
              OO
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    New Jersey
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
   
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 0
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0%
 
14
TYPE OF REPORTING PERSON
 
     OO
 


 
 
 
CUSIP No. 72143J105
   
 
1
NAME OF REPORTING PERSONS
 
Lawrence B. Seidman
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                         (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
    OO
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
0
   
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
0
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
     0%
 
14
TYPE OF REPORTING PERSON
 
IN

 

CUSIP No. 72143J105
 
 
The following constitutes amendment No. 1 to the Schedule 13D filed by the undersigned (the “Amendment No. 1”).  This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.

 
Item 4.
Purpose of Transaction.
 
On July 25, 2018, Hometown Financial Group, Inc. and Pilgrim Bancshares, Inc. entered into an Agreement and Plan of Merger.  Under the terms of the Merger Agreement, Hometown Financial will acquire all of Pilgrim Bancshares’ outstanding common stock at a price of $23.00 per share in cash. In addition, each outstanding option to acquire shares of Pilgrim Bancshares common stock will be canceled in exchange for a cash payment equal to the difference, if any, between $23.00 and the exercise price of the option, resulting in an aggregate transaction value of approximately $53.9 million.
    
Effective January 31, 2019, pursuant to the Issuer's Form 15 filed with the Securities and Exchange Commission, Pilgrim Bancshares, Inc. became a wholly owned subsidiary of Hometown Financial Group, Inc., a Massachusetts corporation, on January 31, 2019 and acquired the Shares of the Reporting Persons in exchange for the cash payment.

 
Item 5.
Interest in Securities of the Issuer.
 
 
A.  
SAL
 
(a)  
As of the close of business on February 4, 2019, SAL did not beneficially own any Shares.
 
       Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0

(c)  
The transaction in the Shares by SAL during the past 60 days is set forth in Schedule B and is incorporated herein by reference.


B.  
SIP
 
(a)  
As of the close of business on February 4, 2019, SIP did not beneficially own any Shares.
 
                               Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 

2. Shared power to vote or direct the vote: 0
 

3. Sole power to dispose or direct the disposition: 0
 

4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIP during the past 60 days is set forth in Schedule B and is incorporated herein by reference.

CUSIP No. 72143J105


C.  
SIPII
 
(a)  
As of the close of business on February 4, 2019, SIPII did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIPII during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
D.  
SIPIII
 
(a)  
As of the close of business on February 4, 2019, SIPIII did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIPIII during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
E.  
LSBK
 
(a)  
As of the close of business on February 4, 2019, LSBK did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by LSBK during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 

CUSIP No. 72143J105
 
 
F.  
Broad Park
 
(a)  
As of the close of business on February 4, 2019, Broad Park did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by Broad Park during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
G.  
Chewy
 
(a)  
As of the close of business on February 4, 2019, Chewy did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by Chewy during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
.
H.  
CBPS
 
(a)  
As of the close of business on February 4, 2019, CBPS did not beneficially own any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by CBPS during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 

CUSIP No. 72143J105
 
I.  
Veteri
 
(a)  
Veteri, (i) as the general partner of each of SIP and SIPII, and (ii) as the trading advisor of LSBK and CBPS, is no longer deemed to be a beneficial owner of any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
Veteri has not entered into any transactions in the Shares during the past 60 days.  The transactions in the Shares by SIP, SIPII,  LSBK, and CBPS are set forth on Schedule B and incorporated herein by reference.
 
 
J.  
JBRC
 
(a)  
JBRC, as the co-general partner of SIPIII, is no longer deemed to be a beneficial owner of any Shares.
 
        Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
JBRC has not entered into any transactions in the Shares during the past 60 days.  The transaction in the Shares by SIPIII is set forth on Schedule B and is incorporated herein by reference.
 
 

CUSIP No. 72143J105
 
 
K.  
Seidman
 
(a)  
Seidman, (i) as the manager of SAL, (ii) as the sole officer of Veteri, the general partner of each of SIP and SIPII, (iii) as the managing member of JBRC I, LLC, the co-general partner of SIPIII, (iv) as the sole officer of Veteri, the trading advisor of LSBK and CBPS, and (v) as the investment manager for each of Broad Park and Chewy, is no longer deemed to be a beneficial owner of any Shares.
 
Percentage: Approximately 0%.
 
(b)  
1. Sole power to vote or direct the vote: 0
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 0
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
Except as provided herein, Seidman has not entered into any transactions in the Shares during the past 60 days.  The transactions in the Shares during the past 60 days on behalf of SAL, SIP, SIPII, SIPIII, LSBK, Broad Park, Chewy and CBPS are set forth on Schedule B and are incorporated herein by reference.

        
Each of the Reporting Persons, as a member of a “group” with the other Reporting Persons for purposes of Rule 13d-5(b)(1) of the Exchange Act, may be deemed to beneficially own the Shares owned by the other Reporting Persons.  The filing of this Schedule 13D shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 13(d) of the Exchange Act, the beneficial owner of any Shares he or it does not directly own.  Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that he or it does not directly own.

To the best of the Reporting Person's knowledge, except as set forth in this Schedule 13D, none of the persons listed on Schedule A to the Schedule 13D beneficially owns any securities of the Issuer.
 
(d)  
No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
 
(e)  
On February 4, 2019, the Reporting Persons ceased to be beneficial owners of more than five percent of the class of securities due to the above mentioned merger.

 

CUSIP No. 72143J105
Signature Page to Pilgrim Bancshares, Inc. Schedule 13D Amendment No. 1

SIGNATURES
 
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Dated:          February 6, 2019
SEIDMAN AND ASSOCIATES, L.L.C.
   
   
 
By:
/ss/ Lawrence B. Seidman 
   
Lawrence B. Seidman
Manager


 
SEIDMAN INVESTMENT PARTNERSHIP, L.P.
   
 
By:
Veteri Place Corporation, its
General Partner
   
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President


 
SEIDMAN INVESTMENT PARTNERSHIP II, L.P.
   
 
By:
Veteri Place Corporation, its
General Partner
   
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President
 
 
 
SEIDMAN INVESTMENT PARTNERSHIP III, L.P.
     
 
By:
JBRC I, LLC, its
     Co-General Partner
   
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Managing Member

 
 
LSBK06-08, L.L.C.
   
  By:
Veteri Place Corporation, its
Trading Advisor
     
     
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President


 
BROAD PARK INVESTORS, L.L.C.
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Investment Manager


 
 
CHEWY GOOEY COOKIES, L.P.
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Investment Manager
 
 
 
CBPS, LLC
   
  By:
Veteri Place Corporation, its
Trading Advisor 
     
     
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President

 
 
VETERI PLACE CORPORATION
   
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President

 
 
JBRC I, LLC
   
   
 
By:
 /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Managing Member

 
   /ss/ Lawrence B. Seidman
 
LAWRENCE B. SEIDMAN
 

CUSIP No. 72143J105


SCHEDULE B

 
Transactions in the Shares During the Past 60 Days
 
 
 
Entity
Date Sold
 Per Share  Sale proceeds  Shares
 SAL  2/4/2019 23.00
537,441.00
-22,367





SIP
2/4/2019
23.00
420,394.00
-18,278
 



SIPII
2/4/2019
23.00
520,950.00
-22,650
 



SIPIII
2/4/2019
23.00
94,415.00
-4,105
 



LSBK
2/4/2019
23.00
311,190.00
-13,530
 



Broad Park
2/4/2019
23.00
361,077.00
-15,699
 



Chewy
2/4/2019
23.00
52,509.00
-2,283
 



CBPS
2/4/2019
23.00
344,724.00
-14,988