SEC Form 4 · accession 0001140361-15-045473
SBT Bancorp, Inc. · SBTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin J Geitz
Officer — President & CEO · Director
Period of report
Dec 21, 2015
Accepted (ET)
Dec 23, 2015 · 2:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001354174
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 29,917 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $30.00 | Dec 21, 2015 | A | 20,000 | A | — | Dec 20, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The reported transaction is a grant of an incentive stock option which vests over five years as follows: 4,500 shares on December 21, 2015, 4,500 shares on December 21, 2016, 4,500 shares on December 21, 2017, 4,500 shares on December 21, 2018 and 2,000 shares on December 21, 2019.