K. Clark Stallings - 07 Oct 2021 Form 4 Insider Report for SELECT BANCORP, INC.

Role
Director
Signature
/s/ K. Clark Stallings
Issuer symbol
N/A
Transactions as of
07 Oct 2021
Net transactions value
-$86,765
Form type
4
Filing time
07 Oct 2021, 12:58:09 UTC
Next filing
19 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLCT Common Stock Options Exercise +10,530 +47% 33,063 07 Oct 2021 Direct F1
holding SLCT Common Stock 24,648 07 Oct 2021 By self as trustee for Children
holding SLCT Common Stock 2,000 07 Oct 2021 By Wife
holding SLCT Common Stock 750,186 07 Oct 2021 By The Bill and Faye Stallings Family Trust II
holding SLCT Common Stock 184,434 07 Oct 2021 By The Marion Faye Stallings Living Trust
holding SLCT Common Stock 1,592 07 Oct 2021 Direct F2

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 Options to Purchase Common Stock Options Exercise $12,828 -2,602 -100% $4.93 0 07 Oct 2021 Common Stock 2,602 $4.93 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise $10,825 -2,328 -100% $4.65 0 07 Oct 2021 Common Stock 2,328 $4.65 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise $63,112 -5,600 -80% $11.27 1,400 07 Oct 2021 Common Stock 7,000 $11.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,602 options @ $4.93; 2,328 options @ $4.65; 5,600 options @ $11.27
F2 Shares granted to the reporting person under the terms of the Select Bancorp, Inc. 2018 Omnibus Stock Incentive Plan.
F3 The option vests in five equal annual installments beginning on September 6, 2018.