Home/Filings/4/0001638599-21-000758
4//SEC Filing

Raynor Sharon Lamb 4

Accession 0001638599-21-000758

CIK 0001263762other

Filed

Oct 12, 8:00 PM ET

Accepted

Oct 13, 11:44 AM ET

Size

10.1 KB

Accession

0001638599-21-000758

Insider Transaction Report

Form 4
Period: 2021-10-12
Transactions
  • Exercise/Conversion

    Options to Purchase Common Stock

    2021-10-12$11.27/sh5,600$63,1121,400 total
    Exercise: $11.27Exp: 2027-09-06Common Stock (7,000 underlying)
  • Exercise/Conversion

    Common Stock

    2021-10-12$11.27/sh+5,600$63,11211,608 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    180,094
  • Right to Acquire Common Stock

    Common Stock (1,592 underlying)
    1,592
  • Common Stock

    (indirect: By Spouse)
    72,958
Footnotes (3)
  • [F1]Securities listed as beneficially owned do not include shares held by Rabbi Trust in the Issuers amended and restated directors deferral plan in which the reporting person is a participant.
  • [F2]Represents shares granted to the reporting person under the terms of the Select Bancorp, Inc. 2018 Omnibus Stock Incentive Plan. Pursuant to the amended and restated directors deferral plan, the reporting person has elected to defer receipt of the shares until the reporting persons separation from service as such term is defined in Internal Revenue Code Section 409A(a)(2)(A)(i) and applicable regulations and other guidance thereunder.
  • [F3]The option vests in five equal annual installments beginning on September 6, 2018.

Issuer

SELECT BANCORP, INC.

CIK 0001263762

Entity typeother

Related Parties

1
  • filerCIK 0001465751

Filing Metadata

Form type
4
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 11:44 AM ET
Size
10.1 KB