Kelley Scot A. 4
4 · PREMIER FINANCIAL BANCORP INC · Filed Jun 13, 2018
Insider Transaction Report
Form 4
Kelley Scot A.
VP Credit Adminstration
Transactions
- Exercise/Conversion
PFBI Common Stock
2018-06-13$10.71/sh+1,306$13,981→ 16,204 total - Exercise/Conversion
PFBI Common Stock
2018-06-13$10.84/sh+1,306$14,152→ 17,510 total - Exercise/Conversion
PFBI Common Stock
2018-06-13$15.21/sh+1,250$19,010→ 18,760 total - Tax Payment
PFBI Common Stock
2018-06-13$18.33/sh−2,572$47,145→ 16,188 total - Exercise/Conversion
Employee Stock Option (Right to Buy) (PFBI Common)
2018-06-13−1,250→ 2,500 totalExercise: $15.21Exp: 2027-03-15→ PFBI Common (1,250 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2018-06-13−1,306→ 1,306 totalExercise: $10.84Exp: 2026-03-16→ PFBI Common (1,306 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2018-06-13−1,306→ 0 totalExercise: $10.71Exp: 2025-03-18→ PFBI Common (1,306 underlying)
Holdings
- 3,750
Employee Stock Option (Right to Buy) (PFBI Common)
Exercise: $15.12Exp: 2028-03-21→ PFBI Common (3,750 underlying)
Footnotes (6)
- [F1]3,750 options granted on 3/21/2018 vest in three equal annual installments beginning on 03/21/2019.
- [F2]3,750 options granted on 3/15/2017 vest in three equal annual installments beginning on 03/15/2018.
- [F3]3,918 options granted on 3/16/2016 vest in three equal annual installments beginning on 03/16/2017.
- [F4]Options vested over three-year period from 03/18/2015 grant date and were fully vested on 03/18/2018
- [F5]On June 8, 2018, Premier Financial Bancorp, Inc. issued a 5 for 4 stock split (1 share for every 4 shares owned on record date) to shareholders of record on June 4, 2018. Reporting person's last reported ownership of PFBI Common Stock has been increased by 2,979 shares to reflect the 5 for 4 stock split.
- [F6]On June 8, 2018, Premier Financial Bancorp, Inc. issued a 5 for 4 stock split (1 share for every 4 shares owned on record date) to shareholders of record on June 4, 2018. Pursuant to the anti-dilution provisions of the stock option plans, the number of options awarded has been increased by 25% and the exercise price of the options awarded has been decreased by 25% to reflect the 5 for 4 stock split.