SEC Form 4 · accession 0001496877-15-000063
SB ONE BANCORP · SBBX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Musilli
Director
Period of report
May 26, 2015
Accepted (ET)
May 27, 2015 · 12:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001028954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 26, 2015 | A | 55 | $0.00 | A | 806 | I | by Director Deferred Compensation Agreement |
| Common Stock | holding | — | — | — | 2,465 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent phantom stock units issued pursuant to the Company's Amended and Restated Directors Deferred Compensation Agreement due to the deferral of director's fees earned by the reporting person. Each share of phantom stock is payable in one share of common stock upon the reportig person's termination of service as a director.