Parker Overton V - 29 Sep 2021 Form 4 Insider Report for SELECT BANCORP, INC.

Role
Director
Signature
/s/V Parker Overton
Issuer symbol
N/A
Transactions as of
29 Sep 2021
Net transactions value
-$88,518
Form type
4
Filing time
29 Sep 2021, 12:07:08 UTC
Next filing
19 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLCT Common Stock Options Exercise +10,896 +7.3% 159,536 29 Sep 2021 Direct F3
holding SLCT Common Stock 5,000 29 Sep 2021 IRA Account
holding SLCT Common Stock 1,592 29 Sep 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SLCT stocl options Options Exercise $13,730 -2,785 -100% $4.93 0 29 Sep 2021 common stock 2,785 $4.93 Direct
transaction SLCT stock options Options Exercise $11,676 -2,511 -100% $4.65 0 29 Sep 2021 common stock 2,511 $4.65 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise $63,112 -5,600 -80% $11.27 1,400 29 Sep 2021 common stock 7,000 $11.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted to the reporting person under the terms of the Select Bancorp, Inc. 2018 Omnibus Stock Incentive Plan.
F2 The option vests in five equal annual installments beginning on September 6, 2018.
F3 2,785 @ $4.93; 2,511 @ $4.65; 5,600 @ $11.27