SEC Form 4 · accession 0001140361-17-045702
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
Dec 8, 2017
Accepted (ET)
Dec 11, 2017 · 4:10 pm EST
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 | Dec 8, 2017 | S | 100 | $30.26 | D | 74,300 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 100 | $30.29 | D | 74,200 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 200 | $30.33 | D | 74,000 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 100 | $30.36 | D | 73,900 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 200 | $30.42 | D | 73,700 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 500 | $30.43 | D | 73,200 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 500 | $30.49 | D | 72,700 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 593 | $30.50 | D | 72,107 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 1,200 | $30.51 | D | 70,907 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 96 | $30.5101 | D | 70,811 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 490 | $30.52 | D | 70,321 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 115 | $30.53 | D | 70,206 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 45 | $30.54 | D | 70,161 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 500 | $30.55 | D | 69,661 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 275 | $30.56 | D | 69,386 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 354 | $30.57 | D | 69,032 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 200 | $30.59 | D | 68,832 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 72 | $30.70 | D | 68,760 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 400 | $30.71 | D | 68,360 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 200 | $30.72 | D | 68,160 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 100 | $30.74 | D | 68,060 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 13 | $30.82 | D | 68,047 | D | |
| Common StockF3,F1 | Dec 8, 2017 | S | 347 | $30.91 | D | 67,700 | 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 | 72,410 | 72,410 | 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 November 22, 2017.