SEC Form 4 · accession 0001140361-17-045437
Bancorp 34, Inc. · BCTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan R Thiry
Officer — EVP, CFO and Treasurer
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 1:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001668340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 6, 2017 | A | 12,000 | $0.00 | A | 16,000 | D | |
| Common Stock | holding | — | — | — | 2,866 | I | By Spouse's IRA | |
| Common Stock | holding | — | — | — | 3,900 | I | By IRA | |
| Common StockF3 | holding | — | — | — | 453 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $14.90 | Dec 6, 2017 | A | 22,000 | A | Dec 6, 2018 | Dec 6, 2024 | Common Stock | 22,000 | 22,000 | D |
Explanation of responses
- F1Shares of restricted stock vest at a rate of 20% per year commencing on December 6, 2018.
- F2Stock options vest at a rate of 20% per year commencing on December 6, 2018.
- F3Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange act of 1934, as amended.