SEC Form 4 · accession 0000754673-15-000007
SUFFOLK BANCORP · SCNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard C Bluver
Officer — President & CEO · Director
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000754673
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Suffolk Bancorp Common StockF2 | Feb 25, 2015 | A | 9,556 | $0.00 | A | 49,556 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Suffolk Bancorp Option | $18.14 | holding | — | — | — | Aug 6, 2014 | Aug 6, 2023 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $18.14 | holding | — | — | — | Aug 6, 2015 | Aug 6, 2023 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $18.14 | holding | — | — | — | Aug 6, 2016 | Aug 6, 2023 | Suffolk Bancorp Common Stock | 6,666 | 6,666 | D |
| Suffolk Bancorp Option | $10.79 | holding | — | — | — | Dec 30, 2014 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $10.79 | holding | — | — | — | Dec 30, 2015 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $10.79 | holding | — | — | — | Dec 30, 2016 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 6,666 | 6,666 | D |
| Suffolk Bancorp OptionF1 | $10.79 | holding | — | — | — | Dec 30, 2014 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 10,000 | 10,000 | D |
| Suffolk Bancorp OptionF1 | $10.79 | holding | — | — | — | Dec 30, 2015 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 10,000 | 10,000 | D |
| Suffolk Bancorp OptionF1 | $10.79 | holding | — | — | — | Dec 30, 2016 | Dec 30, 2021 | Suffolk Bancorp Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Inducement Award
- F2Award of restricted stock pursuant to the Amended and Restated Suffolk Bancorp 2009 Stock Incentive Plan. These shares will vest over 2 years in increments of 25% of the shares every 6 months.