SEC Form 4 · accession 0000927089-15-000055
STATE INVESTORS BANCORP, INC. · SIBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angelle S Reeves
Officer — Vice President
Period of report
Jan 24, 2015
Accepted (ET)
Jan 27, 2015 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001513971
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 24, 2015 | F | 257 | $20.98 | D | 3,884 | D | |
| Common StockF3 | holding | — | — | — | 10,252 | I | By 401(k) Plan | |
| Common StockF4 | holding | — | — | — | 1,371 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $11.82 | holding | — | — | — | — | Jan 24, 2022 | Common Stock | 14,547 | 14,547 | D |
Explanation of responses
- F1Disposition solely to meet tax obligation for distribution from Recognition and Retention Plan.
- F2Includes 2,660 shares held in the 2012 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 4,655 shares that commenced vesting ratably over seven years at 14.285% per year on January 24, 2013.
- F3Reflects units which represent share interests in the Issuer's 401(k) Plan.
- F4Includes shares allocated to the reporting person's ESOP account since the last filed Form 4.
- F5The options are vesting ratably over seven years at 14.285% per year commencing on January 24, 2013.