SEC Form 4 · accession 0001520300-17-000005
ASB Bancorp Inc · ASBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzanne S DeFerie
Officer — President & CEO · Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 10:58 am EST
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 | Feb 7, 2017 | F | 3,532 | $31.37 | D | 26,687 | D | |
| Common Stock | holding | — | — | — | 4,713 | I | By ESOP | |
| Common Stock | holding | — | — | — | 31,151 | I | By 401(k) Plan | |
| Common StockF1 | holding | — | — | — | 10,277 | I | Restricted Stock I | |
| Common Stock | holding | — | — | — | 5,000 | I | By Spouse |
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 | $15.71 | holding | — | — | — | Feb 5, 2014 | Feb 5, 2023 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Shares of restricted stock vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of the award. Since the reporting person's last report, 10,276 shares have vested and are now owned directly.
- F2Stock options vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of grant.