SEC Form 4 · accession 0001140361-16-048454
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 21, 2016
Accepted (ET)
Jan 22, 2016 · 2:22 pm 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 Stock | Jan 21, 2016 | M | 2,500 | $1.70 | A | 131,414 | D | |
| Common Stock | Jan 21, 2016 | M | 2,500 | $1.15 | A | 133,914 | D | |
| Common Stock | holding | — | — | — | 657 | I | By wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy) | $1.70 | Jan 21, 2016 | M | 2,500 | D | Feb 27, 2014 | Feb 27, 2017 | Common Stock | 2,500 | 0 | D |
| Stock option (right to buy) | $1.15 | Jan 21, 2016 | M | 2,500 | D | Mar 11, 2015 | Mar 11, 2018 | Common Stock | 2,500 | 0 | D |