SEC Form 4 · accession 0001567619-19-006552
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 7, 2019
Accepted (ET)
Mar 11, 2019 · 3:48 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 StockF4,F1,F3 | Mar 7, 2019 | A | 2,330 | $0.00 | A | 71,756 | D | |
| Common StockF2 | holding | — | — | — | 38,909 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 15,600 | I | By Trust | |
| Common StockF2 | holding | — | — | — | 9,567 | I | By ESOP | |
| Common StockF2 | holding | — | — | — | 402 | 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 May 25, 2018.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 8, 2019.
- F4Restricted stock units vest at a rate of 1/3 per year commencing on March 7, 2020.