SEC Form 5 · accession 0001178409-16-000002
TIDELANDS BANCSHARES INC · TDBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Lyles
Officer — Chairman, President & CEO · Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 7, 2016 · 8:59 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001178409
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2014 | A | 3,190 | $0.38 | A | 12,729 | I | By ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects ESOP allocations that were awarded at the fair market value of $.38 per share per ESOP Participant Statement received in the first quarter of 2015 reflecting allocations for the year ended December 31, 2014.