Alicia S. Hawk - 12 Oct 2021 Form 4 Insider Report for SELECT BANCORP, INC.

Role
Director
Signature
/s/Alicia S Hawk
Issuer symbol
N/A
Transactions as of
12 Oct 2021
Net transactions value
-$74,991
Form type
4
Filing time
13 Oct 2021, 14:00:20 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 +9,644 +275% 13,150 12 Oct 2021 Direct F3
holding SLCT Common Stock 3,078 12 Oct 2021 custodian for children
holding SLCT Common Stock 25,088 12 Oct 2021 Joint with Spouse
holding SLCT Common Stock 1,592 12 Oct 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 stock options Options Exercise $13,276 -2,693 -100% $4.93 0 12 Oct 2021 common stock 2,693 $4.93 Direct
transaction SLCT stock options Options Exercise $11,676 -2,511 -100% $4.65 0 12 Oct 2021 common stock 2,511 $4.65 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise $50,039 -4,440 -63% $11.27 2,560 12 Oct 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 2,693 options exercised @ $4.93; 2,511 options exercised @ $ 4.65; 4,440 options exercised @ $11.27