SEC Form 4 · accession 0001140361-15-002434
FOUR OAKS FINCORP INC · FOFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Leon Hiatt III
Officer — Executive Vice President
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 11:43 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040799
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 20, 2015 | A | 50,000 | $0.00 | A | 128,914 | D | |
| Common Stock | holding | — | — | — | 657 | I | by wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance-based restricted stock vests, subject to achievement of certain performance criteria, with respect to 15% of the award on December 31,2015 and with respect to 85% of the award on December 31,2018.