SEC Form 4 · accession 0001140361-17-035573
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
Sep 12, 2017
Accepted (ET)
Sep 14, 2017 · 5:43 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,F1 | Sep 12, 2017 | S | 100 | $29.90 | D | 69,053 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 130 | $29.91 | D | 68,923 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 3 | $29.97 | D | 68,920 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 600 | $30.01 | D | 68,320 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 200 | $30.05 | D | 68,120 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 300 | $30.06 | D | 67,820 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 300 | $30.0601 | D | 67,520 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 102 | $30.07 | D | 67,418 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 268 | $30.09 | D | 67,150 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 87 | $30.10 | D | 67,063 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 10 | $30.125 | D | 67,053 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 300 | $30.15 | D | 66,753 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 300 | $30.16 | D | 66,453 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 100 | $30.17 | D | 66,353 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 11 | $30.18 | D | 66,342 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 100 | $30.185 | D | 66,242 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 200 | $30.19 | D | 66,042 | D | |
| Common StockF3,F1 | Sep 12, 2017 | S | 100 | $30.23 | D | 65,942 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 100 | $30.01 | D | 65,842 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 200 | $30.02 | D | 65,642 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 100 | $30.04 | D | 65,542 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 44 | $30.05 | D | 65,498 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 100 | $30.06 | D | 65,398 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 101 | $30.07 | D | 65,297 | D | |
| Common StockF3,F1 | Sep 13, 2017 | S | 10 | $30.09 | D | 65,287 | D | |
| Common StockF2 | holding | — | — | — | 37,418 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 15,600 | I | By Trust | |
| Common StockF2 | holding | — | — | — | 9,286 | I | By ESOP | |
| Common StockF2 | holding | — | — | — | 377 | 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 | 117,410 | 117,410 | D |
Explanation of responses
- F1Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 29, 2018.
- 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 exercise of stock options on August 31, 2017.