SEC Form 4 · accession 0001144204-15-040586
SELECT BANCORP, INC. · SLCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H. Glen Jr.
Director
Period of report
Jun 30, 2015
Accepted (ET)
Jul 2, 2015 · 11:51 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001263762
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1,F2 | Jun 30, 2015 | S | 29,563 | $6.964 | D | 23,945 | 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 | $3.57 | holding | — | — | — | Sep 22, 2005 | Sep 22, 2015 | common stock | 23,924 | 23,924 | D |
| stock options | $4.06 | holding | — | — | — | Dec 31, 2006 | Dec 31, 2016 | common stock | 3,451 | 3,451 | D |
| stock options | $5.25 | holding | — | — | — | Dec 31, 2007 | Dec 31, 2017 | common stock | 3,506 | 3,506 | D |
| stock options | $4.56 | holding | — | — | — | Dec 31, 2008 | Dec 31, 2018 | common stock | 3,287 | 3,287 | D |
| stock options | $4.22 | holding | — | — | — | Dec 17, 2009 | Dec 17, 2019 | common stock | 3,342 | 3,342 | D |
| stock options | $4.38 | holding | — | — | — | Dec 16, 2010 | Dec 16, 2020 | common stock | 2,602 | 2,602 | D |
| stock options | $4.93 | holding | — | — | — | Dec 15, 2011 | Dec 15, 2021 | common stock | 2,739 | 2,739 | D |
| stock options | $4.65 | holding | — | — | — | Dec 20, 2012 | Dec 20, 2022 | common stock | 2,648 | 2,648 | D |
Explanation of responses
- F1sold 3633 shares for $7.00 and sold 25930 shares for $6.964
- F2Mr. Glen has agreed to disgorge the Section 16(b) profit on this transaction to the Issuer.