Filing Details

Accession Number:
0001638599-21-000612
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-10 15:47:04
Reporting Period:
2021-08-09
Accepted Time:
2021-08-10 15:47:04
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
1497800 Jr C Carlie Mclamb 700 W Cumberland St
Dunn NC 28334
Yes No 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 2021-06-08 1,791 $16.78 32,934 No 4 P Indirect Owned by spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Owned by spouse
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 47,925 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Right to Acquire Common Stock $0.00 1,578 1,578 Direct
Common Stock Options to Purchase Common Stock $11.27 2027-09-06 7,000 7,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,578 1,578 Direct
2027-09-06 7,000 7,000 Direct
Footnotes
  1. 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.
  2. 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.
  3. The option vests in five equal annual installments beginning on September 6, 2018.