SEC Form 4 · accession 0001090009-18-000003
SOUTHERN FIRST BANCSHARES INC · SFST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Dowling
Officer — Chief Financial Officer
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 6:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090009
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 16, 2018 | A | 2,000 | $0.00 | A | 28,507 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $42.80 | Jan 16, 2018 | A | 8,000 | A | Jan 16, 2019 | Jan 16, 2028 | Common Stock | 8,000 | 59,000 | D |
Explanation of responses
- F1On January 16, 2018, Mr. Dowling was awarded 2,000 shares of restricted stock under the 2010 Southern First Bancshares, Inc. Stock Incentive Plan. The restricted stock vests equally over four years.
- F2Stock options vest equally over four years.