SEC Form 4 · accession 0001437749-17-019747
PATRIOT NATIONAL BANCORP INC · PNBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel S Davis
Officer — EVP and Chief Credit Officer
Period of report
Nov 20, 2017
Accepted (ET)
Nov 22, 2017 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001098146
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 20, 2017 | S | 1,000 | $17.90 | D | 1,884 | D | |
| Common Stock | holding | — | — | — | 1,990 | I | By Samuel S. Davis IRA | |
| Common Stock | holding | — | — | — | 1,700 | I | By Samuel S. Davis Roth IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 20, 2017, the Reporting Person sold 1,000 shares of the Issuer's common stock on the open market at a price of $17.90 per share. As of the date of this filing, the 1,884 shares of common stock that the Reporting Person directly owns include 1,154 unvested shares and 730 vested shares. (The Reporting Person's Form 4 filed on December 28, 2016 included inadvertent typos that as of the date thereof the Reporting Person owned "1,153 vested shares and 1,730 unvested share", which should have been "1,154 unvested shares and 1,730 vested share".