SEC Form 4 · accession 0001144204-16-135998
Atlantic Coast Financial CORP · ACFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Eric Palmer
Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404296
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 18, 2016 | A | 600 | $6.37 | A | 3,620 | D | |
| Common StockF2 | Nov 18, 2016 | A | 600 | $6.01 | A | 4,220 | D | |
| Common StockF3 | Nov 18, 2016 | A | 600 | $6.42 | A | 4,820 | D | |
| Common Stock | holding | — | — | — | 19 | I | By Children | |
| Common Stock | holding | — | — | — | 1,050 | I | By Director Retirement Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Acquisition of restricted stock granted under the Company's Non-Employee Director Open Market Stock Plan. The shares are immediately vested and are restricted until 5/24/17.
- F2Acquisition of restricted stock granted under the Company's Non-Employee Director Open Market Stock Plan. The shares are immediately vested and are restricted until 8/2/17.
- F3Acquisition of restricted stock granted under the Company's Non-Employee Director Open Market Stock Plan. The shares are immediately vested and are restricted until 11/1/17.
Remarks
Exhibit 24 - Power of Attorney