SEC Form 4 · accession 0001638599-17-000912
SELECT BANCORP, INC. · SLCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlie C McLamb Jr.
Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 8, 2017 · 11:39 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 | holding | — | — | — | 44,325 | D | ||
| common stock | holding | — | — | — | 28,539 | I | owned by 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 StockF2 | $11.27 | Sep 6, 2017 | A | 7,000 | A | — | Sep 6, 2027 | Common Stock | 7,000 | 7,000 | D |
Explanation of responses
- F1Securities listed as beneficially owned do not include shares held by Rabbi Trust in the Issuers amended and restated directors deferral plan in which the reporting person is a participant.
- F2The option vests in five equal annual installments beginning on September 6, 2018.