Filing Details

Accession Number:
0001144204-15-013417
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-02 18:30:47
Reporting Period:
2015-02-27
Filing Date:
2015-03-02
Accepted Time:
2015-03-02 18:30:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1027183 First South Bancorp Inc FSBK State Commercial Banks (6022) 561999749
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1201850 Randy J Woodson 207 Appomattox Lane
Chocowinity NC 27817
Evp - Coo No 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 Disposition 2015-02-27 14,677 $7.87 0 No 4 S Indirect By 401(k) Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By 401(k) Plan
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,600 Direct
Common Stock 3,064 Indirect By IRA
Footnotes
  1. 2,600 shares of Restricted Stock were granted on 2/14/14. The shares vest and become earned in four equal annual installments of 650 shares each, beginning on 2/14/15.
  2. Reporting person made an unintentional mistake when rebalancing certain investments in his 401(k) account, when using an automated rebalancing tool. He inadvertently noted to liquidate shares of the Issuer's common stock as part of the automated rebalancing process. Reporting person did not realize such shares of the Issuer's common stock had been sold until after the transaction had occurred. Reporting person intends to repurchase all of the shares that were unintentionally sold in a timely manner.