SEC Form 4 · accession 0001638599-18-001336
SELECT BANCORP, INC. · SLCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K. Clark Stallings
Director
Period of report
Dec 12, 2018
Accepted (ET)
Dec 12, 2018 · 10:56 am EST
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 | Dec 12, 2018 | M | 3,068 | $4.56 | A | 16,589 | D | |
| Common Stock | holding | — | — | — | 24,648 | I | Custodian for Children | |
| Common Stock | holding | — | — | — | 3,081 | I | By Wife |
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 Stock | $4.56 | Dec 12, 2018 | M | 3,068 | D | Dec 31, 2008 | Dec 31, 2018 | Common Stock | 3,068 | 0 | D |
| Options to Purchase Common StockF1 | $11.27 | Sep 6, 2017 | A | 7,000 | A | — | Sep 6, 2027 | Common Stock | 7,000 | 7,000 | D |
| Options to Purchase Common Stock | $5.25 | holding | — | — | — | Dec 31, 2007 | Dec 31, 2017 | Common Stock | 2,136 | 0 | D |
| Options to Purchase Common Stock | $4.22 | holding | — | — | — | Dec 17, 2009 | Dec 17, 2019 | Common Stock | 2,575 | 2,575 | D |
| Options to Purchase Common Stock | $4.38 | holding | — | — | — | Dec 16, 2010 | Dec 16, 2020 | Common Stock | 2,556 | 2,556 | D |
| Options to Purchase Common Stock | $4.93 | holding | — | — | — | Dec 15, 2011 | Dec 15, 2021 | Common Stock | 2,602 | 2,602 | D |
| Options to Purchase Common Stock | $4.65 | holding | — | — | — | Dec 20, 2012 | Dec 20, 2022 | Common Stock | 2,328 | 2 | D |
Explanation of responses
- F1The option vests in five equal annual installments beginning on September 6, 2018.