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4//SEC Filing

Hedgepeth William L 4

Accession 0001638599-21-000139

CIK 0001263762other

View on SEC.gov Company Profile

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 1:48 PM ET

Size

17.1 KB

Accession

0001638599-21-000139

Insider Transaction Report

Form 4

Period: 2021-02-12

SELECT BANCORP, INC.SLCT

Hedgepeth William L

DirectorPresident & CEO

Transactions

Exercise/Conversion
common stock
2021-02-12$5.03/sh+5,000$25,150→ 50,967 total
Exercise/Conversion
stock options
2021-02-12$5.03/sh−5,000$25,150→ 0 total
Exercise: $5.03Exp: 2021-02-22→ common stock (5,000 underlying)

Holdings

common stock
(indirect: By Spouse)
13,580
stock options
Exercise: $8.04Exp: 2026-02-23→ common stock (15,000 underlying)
15,000
stock options
Exercise: $6.93Exp: 2025-02-11→ common stock (15,000 underlying)
15,000
stock options
Exercise: $10.15Exp: 2027-01-24→ common stock (6,500 underlying)
6,500
Options to Purchase Common Stock
Exercise: $11.27Exp: 2027-09-06→ common stock (7,000 underlying)
7,000
Options to Purchase Common Stock
Exercise: $11.84Exp: 2029-01-22→ common stock (15,000 underlying)
15,000
Options to Purchase Common Stock
Exercise: $11.84Exp: 2030-01-21→ Common Stock (15,000 underlying)
15,000
Options to Purchase Common Stock
Exercise: $9.41Exp: 2031-01-26→ Common Stock (7,500 underlying)
7,500

Footnotes (8)

[F1]These stock options are fully vested.
[F2]The option vests in five equal annual installments beginning on February 23, 2017, subject to holder's continued employment.
[F3]The option vests in five equal annual installments beginning on February 11, 2016, subject to holder's continued employment.
[F4]The option vests in five equal annual installments beginning on January 24, 2018, subject to holder's continued employment.
[F5]The option vests in five equal annual installments beginning on September 6, 2018, subject to holder's continued employment.
[F6]The option vests in five equal annual installments beginning on January 22, 2020, subject to holder's continued employment.
[F7]The option vests in five equal annual installments beginning on January 21, 2021, subject to holder's continued employment.
[F8]The option vests in five equal annual installments beginning on January 26, 2022, subject to holder continued employment.

Documents

1 file

4
doc4_7053.xmlPrimary
PRIMARY DOCUMENT

Issuer

SELECT BANCORP, INC.

CIK 0001263762

Entity typeother

Related Parties

1

filerCIK 0001354630

Filing Metadata

Form type: 4
Filed: Feb 11, 7:00 PM ET
Accepted: Feb 12, 1:48 PM ET
Size: 17.1 KB

View on SEC.gov