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

Role
Director
Signature
/s/Alicia S Hawk
Stock symbol
SLCT
Transactions as of
Oct 12, 2021
Transactions value $
-$74,991
Form type
4
Date filed
10/13/2021, 02:00 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 +9.64K +275.07% 13.2K Oct 12, 2021 Direct F3
holding SLCT Common Stock 3.08K Oct 12, 2021 custodian for children
holding SLCT Common Stock 25.1K Oct 12, 2021 Joint with Spouse
holding SLCT Common Stock 1.59K Oct 12, 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 -$13.3K -2.69K -100% $4.93 0 Oct 12, 2021 common stock 2.69K $4.93 Direct
transaction SLCT stock options Options Exercise -$11.7K -2.51K -100% $4.65 0 Oct 12, 2021 common stock 2.51K $4.65 Direct
transaction SLCT Options to Purchase Common Stock Options Exercise -$50K -4.44K -63.43% $11.27 2.56K Oct 12, 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 2,693 options exercised @ $4.93; 2,511 options exercised @ $ 4.65; 4,440 options exercised @ $11.27