SEC Form 4 · accession 0001503249-15-000021
ASB Bancorp Inc · ASBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alison Smith
Director
Period of report
May 28, 2015
Accepted (ET)
Jun 1, 2015 · 11:12 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520300
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 28, 2015 | P | 4,442 | $21.305 | A | 15,442 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY)F2 | $18.84 | holding | — | — | — | Sep 15, 2015 | Sep 15, 2024 | COMMON STOCK | 13,500 | 13,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.24 to $21.48, inclusive on May 28, 2015. The reporting person undertakes to provide to ASB Bancorp, Inc., any security holder of ASB Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4.
- F2Stock options vest in five equal installments beginning on September 15, 2015, the first anniversary of the date of the grant.