SEC Form 4 · accession 0001638599-19-000332
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
Mar 8, 2019
Accepted (ET)
Mar 11, 2019 · 5:08 pm 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 | Mar 8, 2019 | S | 4,450 | $11.1545 | D | 12,181 | 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 | $4.56 | Nov 29, 2018 | M | 3,287 | D | Dec 31, 2008 | Dec 31, 2018 | common stock | 3,287 | 0 | D |
| Options to Purchase Common StockF2 | $11.27 | Sep 6, 2017 | A | 7,000 | A | — | Sep 6, 2027 | common stock | 7,000 | 7,000 | 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
- 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.