Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] 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

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3235-0287

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Crosier Louis P	2. Issuer Name and Ticker or Trading Symbol Wellesley Bancorp, Inc. [ WEBK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) President of Subsidiary
(Last)          (First)          (Middle) 100 WORCESTER STREET, SUITE 300	3. Date of Earliest Transaction (MM/DD/YYYY) 12/9/2019
(Street) WELLESLEY, MA 02481 (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	12/9/2019		M		10000.0000	A	$19.0000	16800.0000	D
Common Stock	12/9/2019		M		6400.0000	A	$19.1400	23200.0000 (1)	D
Common Stock								1893.3100	I	By ESOP (2)
Common Stock								400.0000 (3)	I	By Stock Award II (4)
Common Stock								800.0000 (5)	I	By Stock Award III (6)

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
Stock Options (right to buy)	$19.0000	12/9/2019		M			10000.0000	10/1/2015 (7)	10/1/2024	Common Stock	10000.0000	$0.0000	0.0000	D
Stock Options (right to buy)	$19.1400	12/9/2019		M			6400.0000	10/1/2016 (8)	10/1/2025	Common Stock	6400.0000	$0.0000	1600.0000	D

Explanation of Responses:
(1)	Since the reporting person's last report 2,400 shares held by Stock Award, 1,600 shares held by Stock Award II and 1,200 shares held by Stock Award II have vested and are now held directly.
(2)	This Form 4 reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
(3)	1,600 shares previously held by Stock Award II have vested and are now owned directly.
(4)	Stock Awards II granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2016.
(5)	1,200 shares previously held by Stock Award III have vested and are now owned directly.
(6)	Stock Awards III granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2017.
(7)	Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2015.
(8)	Stock options granted pursuant to the Wellesley Bancorp, Inc. 2012 Equity Incentive Plan vest in five approximately equal installments commencing on October 1, 2016.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Crosier Louis P 100 WORCESTER STREET, SUITE 300 WELLESLEY, MA 02481			President of Subsidiary

Signatures
Edward G. Olifer, Power of Attorney		12/10/2019
**Signature of Reporting Person		Date