4//SEC Filing
TYNDALL KIRBY A 4
Accession 0001520300-17-000010
CIK 0001520300other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 11:46 AM ET
Size
9.5 KB
Accession
0001520300-17-000010
Insider Transaction Report
Form 4
ASB Bancorp IncASBB
TYNDALL KIRBY A
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2017-09-08$15.71/sh+15,456$242,845→ 42,237 total - Tax Payment
Common Stock
2017-09-08$43.65/sh−5,564$242,869→ 36,673 total
Holdings
- 5,200(indirect: Restricted Stock I)
Common Stock
- 4,461(indirect: by ESOP)
Common Stock
- 25,544
Stock Option (right to buy)
Exercise: $15.71From: 2014-02-05Exp: 2023-02-05→ Common Stock (25,544 underlying)
Footnotes (3)
- [F1]This transaction reflects the exercise of an Incentive Stock Option for a total of 15,456 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 9,892 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 typeother
Related Parties
1- filerCIK 0001210332
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 11:46 AM ET
- Size
- 9.5 KB