FOUR OAKS FINCORP INC 4
4 · FOUR OAKS FINCORP INC · Filed Jan 22, 2015
Insider Transaction Report
Form 4
Weeks Michael A
Director
Transactions
- Award
Common Stock
2015-01-20+25,000→ 142,086.435 total
Holdings
- 22,777(indirect: By Spouse)
Common Stock
- 2,172.011(indirect: By son)
Common Stock
- 40,623.932(indirect: By son)
Common Stock
Footnotes (1)
- [F1]Shares vest 50% performance based and 50% time based. Performance-based restricted stock vests, subject to achievement of certain performance criteria, with respect to 7.5% of the award on December 31, 2015 and with respect to 42.5% of the award on December 31, 2018. Time based restricted stock vests, subject to passage of time, with the grantee remaining on the board as of December 31, 2015 (7.5% of the award) and as of December 31, 2018 (42.5% of the award).