SEC Form 4 · accession 0001638599-17-000906
SELECT BANCORP, INC. · SLCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Hedgepeth
Officer — President & CEO · Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 8, 2017 · 11:10 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 stock | holding | — | — | — | 37,750 | D | ||
| common stock | holding | — | — | — | 930 | I | Joint with spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF1 | $11.27 | Sep 6, 2017 | A | 7,000 | A | — | Sep 6, 2027 | common stock | 7,000 | 7,000 | D |
| stock options | $7.73 | holding | — | — | — | May 22, 2009 | May 22, 2018 | common stock | 10,000 | 10,000 | D |
| stock options | $5.75 | holding | — | — | — | Oct 22, 2009 | Oct 22, 2018 | common stock | 150 | 150 | D |
| stock options | $14.15 | holding | — | — | — | Jun 7, 2008 | Jun 7, 2017 | common stock | 10,000 | 10,000 | D |
| stock options | $5.19 | holding | — | — | — | Jan 4, 2011 | Jan 4, 2020 | common stock | 2,500 | 2,500 | D |
| stock options | $5.03 | holding | — | — | — | Feb 22, 2012 | Feb 22, 2021 | common stock | 5,000 | 5,000 | D |
| stock options | $8.04 | holding | — | — | — | Feb 23, 2017 | Feb 23, 2026 | common stock | 15,000 | 15,000 | D |
| stock options | $6.93 | holding | — | — | — | Feb 11, 2016 | Feb 11, 2025 | common stock | 15,000 | 15,000 | D |
| stock options | $10.15 | holding | — | — | — | Jan 24, 2018 | Jan 24, 2027 | common stock | 6,500 | 6,500 | D |
Explanation of responses
- F1The option vests in five equal annual installments beginning on September 6, 2018.