SEC Form 4 · accession 0001140361-15-034747
Territorial Bancorp Inc. · TBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard KC Lau
Officer — SVP
Period of report
Sep 9, 2015
Accepted (ET)
Sep 10, 2015 · 11:08 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001447051
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 9, 2015 | S | 205 | $26.17 | D | 30,500 | D | |
| Common Stock | holding | — | — | — | 10,910 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 1,500 | I | By corporation | |
| Common Stock | holding | — | — | — | 6,275 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $17.36 | holding | — | — | — | Aug 19, 2011 | Aug 19, 2020 | Common Stock | 19,524 | 19,524 | D |
Explanation of responses
- F1Stock options vest at a rate of 20% per year commencing on August 19, 2011.
- F2Represents shares sold in connection with the payment of taxes due on vesting of restricted shares.