SEC Form 4 · accession 0001140361-17-012544
Territorial Bancorp Inc. · TBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vernon Hirata
Officer — Vice Chairman & Co-COO · Other
Period of report
Mar 16, 2017
Accepted (ET)
Mar 17, 2017 · 2:54 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 StockF1 | Mar 16, 2017 | S | 58 | $31.00 | D | 57,975 | D | |
| Common StockF1 | Mar 16, 2017 | S | 200 | $31.0007 | D | 57,775 | D | |
| Common StockF1 | Mar 16, 2017 | S | 200 | $31.0101 | D | 57,575 | D | |
| Common StockF1 | Mar 16, 2017 | S | 200 | $31.031 | D | 57,375 | D | |
| Common StockF1 | Mar 16, 2017 | S | 100 | $31.05 | D | 57,275 | D | |
| Common StockF1 | Mar 16, 2017 | S | 100 | $31.11 | D | 57,175 | D | |
| Common StockF1 | Mar 16, 2017 | S | 100 | $31.12 | D | 57,075 | D | |
| Common StockF1 | Mar 16, 2017 | S | 100 | $31.135 | D | 56,975 | D | |
| Common StockF1 | Mar 16, 2017 | S | 22 | $31.14 | D | 56,953 | D | |
| Common StockF1 | Mar 16, 2017 | S | 200 | $31.15 | D | 56,753 | D | |
| Common StockF1 | Mar 16, 2017 | S | 100 | $31.18 | D | 56,653 | D | |
| Common StockF1 | Mar 16, 2017 | S | 20 | $31.185 | D | 56,633 | D | |
| Common Stock | holding | — | — | — | 36,642 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 15,600 | I | By Trust | |
| Common Stock | holding | — | — | — | 8,048 | I | By ESOP | |
| Common Stock | holding | — | — | — | 365 | I | By Spouse's ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $17.36 | holding | — | — | — | Aug 19, 2011 | Aug 19, 2020 | Common Stock | 142,410 | 142,410 | D |
Explanation of responses
- F1Represents shares sold in connection with the payment of taxes due on exercise of stock options on February 23, 2017.