SEC Form 4 · accession 0001144204-17-009446
FIRST SOUTH BANCORP INC /VA/ · FSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul S Jaber
Officer — Executive Vice President
Period of report
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 6:06 pm EST
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 StockF1 | Feb 14, 2017 | G | 475 | $12.37 | D | 475 | D | |
| Common Stock | Feb 14, 2017 | G | 475 | $12.37 | A | 1,425 | I | Custodian for Daughter |
| Common Stock | holding | — | — | — | 1,500 | D | ||
| Common Stock | holding | — | — | — | 13,760 | I | By IRA | |
| Common StockF2 | holding | — | — | — | 10,029 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,900 shares of Restricted Stock were granted on February 14, 2014. The shares vest and become earned in four equal annual installments of 475 shares each, beginning on February 14, 2015. The Reporting Person gifted all shares vesting on February 14, 2017 to his daughter. The vesting price and gift price on February 14, 2017 was $12.37 per share, same as the closing price on the NASDAQ Stock Market.
- F2Between the date of Reporting Person's last Form 4 filing (11/7/16) and the date of the current filing, 22 shares of the Issuer's common stock were acquired under the 401(k) plan.