SEC Form 4 · accession 0000754673-16-000120
SUFFOLK BANCORP · SCNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theresa Divittorio
Officer — SVP & Comptroller
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 10:57 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 StockF1 | Feb 25, 2016 | A | 700 | $0.00 | A | 3,300 | 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 | $19.60 | holding | — | — | — | Oct 22, 2014 | Oct 22, 2023 | Suffolk Bancorp Common Stock | 2,500 | 2,500 | D |
| Suffolk Bancorp Option | $19.60 | holding | — | — | — | Oct 22, 2015 | Oct 22, 2023 | Suffolk Bancorp Common Stock | 2,500 | 2,500 | D |
| Suffolk Bancorp Option | $19.60 | holding | — | — | — | Oct 22, 2016 | Oct 22, 2023 | Suffolk Bancorp Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Award of restricted stock pursuant to the Amended and Restated Suffolk Bancorp 2009 Stock Incentive Plan. The shares shall vest equally over three years commencing one year from the date of grant and one third each year thereafter.