4//SEC Filing
ASB Bancorp Inc 4
Accession 0001520300-16-000010
CIK 0001520300operating
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 3:48 PM ET
Size
9.5 KB
Accession
0001520300-16-000010
Insider Transaction Report
Form 4
ASB Bancorp IncASBB
TYNDALL KIRBY A
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2016-06-09$15.71/sh+5,000$78,560→ 26,620 total - Tax Payment
Common Stock
2016-06-09$24.91/sh+3,153$78,541→ 23,467 total
Holdings
- 41,000
Stock Option (right to buy)
Exercise: $15.71From: 2014-02-05Exp: 2023-02-05→ Common Stock (41,000 underlying) - 2,648.553(indirect: by ESOP)
Common Stock
- 10,400(indirect: Restricted Stock I)
Common Stock
Footnotes (3)
- [F1]This transaction reflects the exercise of an Incentive Stock Option for a total of 5,000 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the Reporting Person acquired ownership of an additional 1,847 shares of common stock.
- [F2]Shares of restricted stock vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of the award.
- [F3]Stock options vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of the grant.
Documents
Issuer
ASB Bancorp Inc
CIK 0001520300
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001520300
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 3:48 PM ET
- Size
- 9.5 KB