SEC Form 4 · accession 0001225208-18-012833
MB Bancorp Inc · MBCQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip P Phillips
Officer — President & CEO · Director
Period of report
Aug 21, 2018
Accepted (ET)
Aug 22, 2018 · 12:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001617291
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 21, 2018 | A | 4,070 | $0.00 | A | 4,070 | I | By Stock Award III |
| Common StockF2 | holding | — | — | — | 1,250 | D | ||
| Common StockF3 | holding | — | — | — | 1,250 | I | By Stock Award | |
| Common StockF4 | holding | — | — | — | 7,924 | I | By Stock Award II |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Stock Awards granted pursuant to the MB Bancorp, Inc. 2016 Equity Incentive Plan will vest in five equal annual installments commencing on August 21, 2019.
- F2The number of shares held directly includes certain shares that were previously held by Stock Awards and that have subsequently vested.
- F3Shares of restricted stock vest in two equal annual installments with the first one half vesting on September 30, 2017, the first anniversary of the date of the award.
- F4Stock Awards granted pursuant to the MB Bancorp, Inc. 2016 Equity Incentive Plan will vest in five approximately equal annual installments commencing on September 7, 2018.