SEC Form 4 · accession 0001140361-17-012290
PREMIER FINANCIAL BANCORP INC · PFBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Mark Bias
Officer — Senior Vice President
Period of report
Mar 15, 2017
Accepted (ET)
Mar 16, 2017 · 3:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887919
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PFBI Common StockF4 | holding | — | — | — | 110 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $19.01 | Mar 15, 2017 | A | 5,000 | A | — | Mar 17, 2027 | PFBI Common | 5,000 | 5,000 | D |
| Employee Stock Option (Right to Buy) (PFBI Common)F3,F2 | $13.5454 | holding | — | — | — | — | Mar 16, 2026 | PFBI Common | 3,300 | 3,300 | D |
Explanation of responses
- F1Options vest in three equal annual installments beginning on 03/15/2018.
- F2Options vest in three equal annual installments beginning on 03/16/2017.
- F3On December 9, 2016, Premier Financial Bancorp, Inc. paid a 10% stock dividend (1 share for every 10 shares owned on record date) to shareholders of record on December 2, 2016. Pursuant to the anti-dilution provisions of the stock option plans, the number of options awarded has been increased by 10% and the exercise price of the options awarded has been decreased by 10% to reflect the 10% stock dividend.
- F4On December 9, 2016, Premier Financial Bancorp, Inc. paid a 10% stock dividend (1 share for every 10 shares owned on record date) to shareholders of record on December 2, 2016. Reporting person's last reported ownership of PFBI Common Stock has been increased by 10 shares to reflect the 10% stock dividend.