SEC Form 4 · accession 0000754673-16-000117
SUFFOLK BANCORP · SCNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeanne P Kelley
Officer — EVP & Chief Risk Officer
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 10:19 am 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 Stock | Feb 24, 2016 | L | 7 | $24.1336 | A | 9,204 | D | |
| Suffolk Bancorp Common StockF2 | Feb 25, 2016 | A | 992 | $0.00 | A | 10,196 | D | |
| Suffolk Bancorp Common Stock | holding | — | — | — | 1,470 | I | Spouse |
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 | $32.90 | holding | — | — | — | Jan 29, 2008 | Jan 29, 2017 | Suffolk Bancorp Common Stock | 1,000 | 1,000 | D |
| Suffolk Bancorp OptionF1 | $31.18 | holding | — | — | — | Jan 28, 2009 | Jan 28, 2018 | Suffolk Bancorp Common Stock | 1,000 | 1,000 | D |
| Suffolk Bancorp OptionF1 | $28.30 | holding | — | — | — | Jan 20, 2010 | Jan 20, 2019 | Suffolk Bancorp Common Stock | 1,000 | 1,000 | D |
| Suffolk Bancorp Option | $16.56 | holding | — | — | — | Jun 26, 2014 | Jun 26, 2023 | Suffolk Bancorp Common Stock | 1,267 | 1,267 | D |
| Suffolk Bancorp Option | $16.56 | holding | — | — | — | Jun 26, 2015 | Jun 26, 2023 | Suffolk Bancorp Common Stock | 1,667 | 1,667 | D |
| Suffolk Bancorp Option | $16.56 | holding | — | — | — | Jun 26, 2016 | Jun 26, 2023 | Suffolk Bancorp Common Stock | 1,666 | 1,666 | D |
Explanation of responses
- F1Stock Appreciation Rights
- 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.