SEC Form 4 · accession 0001140361-18-019574
Carolina Trust BancShares, Inc. · CART
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Rager
Officer — EVP & CCO
Period of report
Apr 25, 2018
Accepted (ET)
Apr 25, 2018 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001676667
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 25, 2018 | P | 2,375 | $8.00 | A | 7,705 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common StockF1 | $3.14 | holding | — | — | — | — | Mar 9, 2021 | Common Stock | 2,000 | 2,000 | D |
| Option to purchase Common StockF1 | $3.06 | holding | — | — | — | — | Mar 19, 2023 | Common Stock | 2,000 | 2,000 | D |
| Option to purchase Common StockF1 | $4.91 | holding | — | — | — | — | Aug 18, 2024 | Common Stock | 8,000 | 8,000 | D |
| Option to purchase Common StockF2 | $5.39 | holding | — | — | — | — | Apr 27, 2025 | Common Stock | 1,166 | 1,166 | D |
Explanation of responses
- F1The option is fully vested.
- F2One-fourth of the grant vested immediately and the remainder vests in three equal annual installments beginning on the first anniversary of the date of grant on April 27, 2016, subject to continued service.