SEC Form 4 · accession 0001140361-15-035740
FOUR OAKS FINCORP INC · FOFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deanna W. Hart
Officer — CFO
Period of report
Sep 21, 2015
Accepted (ET)
Sep 23, 2015 · 2:11 pm EDT
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,F2 | Sep 21, 2015 | A | 50,000 | $0.00 | A | 86,836 | D |
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.
- F2Includes shares of restricted stock subject to performance based and/or time based vesting conditions.