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

Role
Director
Signature
/s/V Parker Overton
Stock symbol
SLCT
Transactions as of
Sep 29, 2021
Transactions value $
-$88,518
Form type
4
Date filed
9/29/2021, 12:07 PM
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLCT Common Stock Options Exercise +10.9K +7.33% 160K Sep 29, 2021 Direct F3
holding SLCT Common Stock 5K Sep 29, 2021 IRA Account
holding SLCT Common Stock 1.59K Sep 29, 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 -$13.7K -2.79K -100% $4.93 0 Sep 29, 2021 common stock 2.79K $4.93 Direct
transaction SLCT stock options Options Exercise -$11.7K -2.51K -100% $4.65 0 Sep 29, 2021 common stock 2.51K $4.65 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise -$63.1K -5.6K -80% $11.27 1.4K Sep 29, 2021 common stock 7K $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