Filing Details

Accession Number:
0001140361-17-011699
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-13 10:18:11
Reporting Period:
2017-03-09
Filing Date:
2017-03-13
Accepted Time:
2017-03-13 10:18:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
887919 Premier Financial Bancorp Inc PFBI State Commercial Banks (6022) 611206757
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1172037 M Brien Chase C/O Premier Financial Bancorp, Inc.
2883 5Th Avenue
Huntington WV 25702
Chief Financial Officer 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
Pfbi Common Stock Acquisiton 2017-03-09 3,737 $11.75 24,986 No 4 M Direct
Pfbi Common Stock Disposition 2017-03-09 1,667 $18.60 23,319 No 4 S Direct
Pfbi Common Stock Disposition 2017-03-09 2,070 $18.52 21,249 No 4 S Direct
Pfbi Common Stock Acquisiton 2017-03-10 52 $11.75 21,301 No 4 M Direct
Pfbi Common Stock Disposition 2017-03-10 52 $18.50 21,249 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Pfbi Common Employee Stock Option (Right to Buy) Disposition 2017-03-09 3,737 $0.00 3,737 $11.75
Pfbi Common Employee Stock Option (Right to Buy) (PFBI Common) Disposition 2017-03-10 52 $0.00 52 $11.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,763 2018-02-20 No 4 M Direct
1,711 2018-02-20 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Pfbi Common Employee Stock Option (Right to Buy) $13.55 2026-03-16 5,500 5,500 Direct
Pfbi Common Employee Stock Option (Right to Buy) $13.38 2025-03-18 5,500 5,500 Direct
Pfbi Common Employee Stock Option (Right to Buy) $13.12 2024-03-19 5,500 5,500 Direct
Pfbi Common Employee Stock Option (Right to Buy) $10.35 2023-03-20 5,500 5,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-16 5,500 5,500 Direct
2025-03-18 5,500 5,500 Direct
2024-03-19 5,500 5,500 Direct
2023-03-20 5,500 5,500 Direct
Footnotes
  1. Options vest in three equal annual installments beginning on 03/16/2017.
  2. Options vest in three equal annual installments beginning on 03/18/2016.
  3. Options vest in three equal annual installments beginning on 03/19/2015.
  4. Options vested over three-year period from 03/20/2013 grant date and were fully vested on 03/20/2016.
  5. Options vested over three-year period from 02/20/2008 grant date and were fully vested on 02/20/2011.
  6. On December 9, 2016, Premier Financial Bancorp, Inc. paid a 10% stock dividend (1 share for every 10 shares owned on record date) to shareholders of record on December 2, 2016. Pursuant to the anti-dilution provisions of the stock option plans, the number of options awarded has been increased by 10% and the exercise price of the options awarded has been decreased by 10% to reflect the 10% stock dividend.
  7. On December 9, 2016, Premier Financial Bancorp paid a 10% stock dividend (1 share for every 10 shares owned on record date) to shareholders of record on December 2, 2016. Reporting person's last reported ownership of PFBI Common Stock has been increased by 1,931 shares to reflect the 10% stock dividend.