SEC Form 4 · accession 0000754673-15-000009
SUFFOLK BANCORP · SCNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Orsino
Officer — EVP & CLO
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 4:49 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 StockF1 | Feb 25, 2015 | A | 2,498 | $0.00 | A | 12,971 | 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 | $14.03 | holding | — | — | — | Feb 4, 2014 | Feb 4, 2023 | Suffolk Bancorp Common Stock | 1,667 | 1,667 | D |
| Suffolk Bancorp Option | $14.03 | holding | — | — | — | Feb 4, 2015 | Feb 4, 2023 | Suffolk Bancorp Common Stock | 1,667 | 1,667 | D |
| Suffolk Bancorp Option | $14.03 | holding | — | — | — | Feb 4, 2016 | Feb 4, 2023 | Suffolk Bancorp Common Stock | 1,666 | 1,666 | D |
| Suffolk Bancorp Option | $12.44 | holding | — | — | — | Mar 9, 2013 | Mar 9, 2022 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $12.44 | holding | — | — | — | Mar 9, 2014 | Mar 9, 2022 | Suffolk Bancorp Common Stock | 6,667 | 6,667 | D |
| Suffolk Bancorp Option | $12.44 | holding | — | — | — | Mar 9, 2015 | Mar 9, 2022 | Suffolk Bancorp Common Stock | 6,666 | 6,666 | D |
Explanation of responses
- F1Award 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.