SEC Form 4 · accession 0001140361-15-037042
Territorial Bancorp Inc. · TBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan S Kitagawa
Officer — Chairman, President and CEO · Director
Period of report
Oct 5, 2015
Accepted (ET)
Oct 7, 2015 · 3:22 pm 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 StockF3 | Oct 5, 2015 | S | 6,757 | $26.50 | D | 135,087 | D | |
| Common StockF3 | Oct 6, 2015 | S | 2,188 | $26.50 | D | 132,899 | D | |
| Common StockF2 | holding | — | — | — | 26,340 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 10,000 | I | By spouse | |
| Common StockF2 | holding | — | — | — | 6,896 | 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 | 205,979 | 205,979 | D |
Explanation of responses
- F1Stock options vest at a rate of 1/6 per year commencing on August 19, 2011.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3Represents shares sold in connection with the payment of taxes due on vesting of restricted shares.