- Statement of Changes in Beneficial Ownership (4)

FORM 4 [ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * McCarthy James J.	2. Issuer Name and Ticker or Trading Symbol Danvers Bancorp, Inc. [ DNBK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                      _____ 10% Owner __ X __ Officer (give title below)      _____ Other (specify below) EVP and COO
(Last)          (First)          (Middle) DANVERS BANCORP INC., ONE CONANT STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 6/30/2011
(Street) DANVERS, MA 01923 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	6/30/2011		D		66428	D	(1)	0	D
Common Stock	6/30/2011		D		22142	D	(1)	0	I	By 401(k) Plan
Common Stock	6/30/2011		D		3629	D	(1)	0	I	By ESOP
Common Stock	6/30/2011		D		8000	D	(1)	0	I	By IRA

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		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 of Derivative Security: 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
Option to Buy	$13.00	6/30/2011		D			133500	2/9/2010	2/9/2019	Common Stock	133500	(2)	0	D

Explanation of Responses:
( 1)	Each share has been converted into the right to receive either (a) $23.00 in cash (the "Cash Consideration") or (b) 1.624 shares of People's United Financial, Inc. ("People's United") common stock at the election of each Danvers stockholder, subject to proration limitations on the aggregate amount of Cash Consideration to be paid by People's United as specified in the Agreement and Plan of Merger dated as of January 20, 2011 between Danvers Bancorp, Inc. and People's United.
( 2)	Each option was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the excess, if any, of (x) Cash Consideration over (y) the applicable exercise price of such option, and (ii) the total number of shares of Danvers common stock issuable upon exercise of the option, less any applicable withholding taxes.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
McCarthy James J. DANVERS BANCORP INC. ONE CONANT STREET DANVERS, MA 01923	X		EVP and COO

Signatures
/s/ Michael S. McCurdy, Attorney-in-Fact		7/5/2011
** 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.
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