Filing Details

Accession Number:
0001638599-21-000117
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-03 11:43:49
Reporting Period:
2021-02-03
Accepted Time:
2021-02-03 11:43:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1263762 Select Bancorp Inc. SLCT State Commercial Banks (6022) 200218264
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1354630 L William Hedgepeth 700 W Cumberland St
Dunn NC 28334
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-02-03 4,500 $9.55 46,467 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 13,580 Indirect Joint with spouse
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock stock options $5.03 2021-02-22 5,000 5,000 Direct
Common Stock stock options $8.04 2026-02-23 15,000 15,000 Direct
Common Stock stock options $6.93 2025-02-11 15,000 15,000 Direct
Common Stock stock options $10.15 2027-01-24 6,500 6,500 Direct
Common Stock Options to Purchase Common Stock $11.27 2027-09-06 7,000 7,000 Direct
Common Stock Options to Purchase Common Stock $11.84 2029-01-22 15,000 15,000 Direct
Common Stock Options to Purchase Common Stock $11.84 2030-01-21 15,000 15,000 Direct
Common Stock Options to Purchase Common Stock $9.41 2031-01-26 7,500 7,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-02-22 5,000 5,000 Direct
2026-02-23 15,000 15,000 Direct
2025-02-11 15,000 15,000 Direct
2027-01-24 6,500 6,500 Direct
2027-09-06 7,000 7,000 Direct
2029-01-22 15,000 15,000 Direct
2030-01-21 15,000 15,000 Direct
2031-01-26 7,500 7,500 Direct
Footnotes
  1. These stock options are fully vested.
  2. The option vests in five equal annual installments beginning on February 23, 2017, subject to holder's continued employment.
  3. The option vests in five equal annual installments beginning on February 11, 2016, subject to holder's continued employment.
  4. The option vests in five equal annual installments beginning on January 24, 2018, subject to holder's continued employment.
  5. The option vests in five equal annual installments beginning on September 6, 2018, subject to holder's continued employment.
  6. The option vests in five equal annual installments beginning on January 22, 2020, subject to holder's continued employment.
  7. The option vests in five equal annual installments beginning on January 21, 2021, subject to holder's continued employment.
  8. The option vests in five equal annual installments beginning on January 26, 2022, subject to holder continued employment.