SEC Form 4 · accession 0001144204-17-023712
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
Apr 28, 2017
Accepted (ET)
May 1, 2017 · 5:11 pm EDT
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 | Apr 28, 2017 | A | 600 | $7.77 | A | 6,020 | D | |
| Common Stock | holding | — | — | — | 19 | I | By Children | |
| Common Stock | holding | — | — | — | 1,050 | I | By Director Retirement Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $14.949 | holding | — | — | — | Jun 28, 2011 | Jun 28, 2020 | Common Stock | 1,176 | 1,176 | D |
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 4/29/18.
Remarks
Exhibit 24 - Power of Attorney