SEC Form 4 · accession 0001144204-15-052895
FIRST SOUTH BANCORP INC /VA/ · FSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Charles McLean
Officer — EVP & CFO
Period of report
Aug 27, 2015
Accepted (ET)
Aug 31, 2015 · 12:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001027183
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 27, 2015 | I | 649 | $7.66 | A | 4,449 | I | By 401(k) Plan |
| Common StockF1 | holding | — | — | — | 434 | D | ||
| Common StockF1 | holding | — | — | — | 1,650 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1A total of 2,200 shares of Restricted Stock were granted on 2/14/14. Beginning on 2/14/15, the shares vest and become earned in four equal annual installments of 550 shares each, less shares withheld, if any, to pay for taxes incidental to the shares vested.
- F2Shares of the Issuer's common stock were acquired under the 401(k) Plan thru an exempt discretionary transaction.