SEC Form 4 · accession 0001140361-17-039743
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
Oct 25, 2017
Accepted (ET)
Oct 27, 2017 · 10:11 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 StockF1 | Oct 25, 2017 | M | 25,000 | $17.36 | A | 87,653 | D | |
| Common StockF1 | Oct 25, 2017 | F | 13,244 | $32.77 | D | 74,409 | 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 | Oct 25, 2017 | M | 25,000 | D | Aug 19, 2011 | Aug 19, 2020 | Common Stock | 25,000 | 92,410 | 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.