HEDGEPETH WILLIAM L

PrivateCIK: 1354630

Location

DUNN, NC

HEDGEPETH WILLIAM L (President & CEO) exercised options at SELECT BANCORP, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

HEDGEPETH WILLIAM L

Filed: 2/12/2021ACC: 0001638599-21-000139

InsiderHEDGEPETH WILLIAM LCIK 1354630

→

IssuerSELECT BANCORP, INC.CIK 1263762

DirectorOfficer· President & CEO

Since Aug 2018

0.00

Net shares

Net seller

$25.1K

Total acquired

0

Open market trades

0B · 0S

2

Total transactions

5K acquired · 5K disposed

Non-Derivative Transactions1

common stock

Direct

M · Option Exercise

Shares

+5K

Price / share

$5.03

Trade value

$25.15K

% of position

10.9%

2/12/2021

45.97K→50.97K

Total

Net shares

+5K

Net value

$25.15K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
common stock Direct	2/12/2021	M · Option Exercise	+5K	$5.03	$25.15K	10.9%	45.97K	50.97K
Total			+5K		$25.15K

Derivative Transactions1

stock options

Direct

M · Option Exercise

Converts to

common stock

5K shares

Shares

−5K

Strike price

5.03

Held after

0.00

Exercisable

—

2/12/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
stock options Direct	common stock5K shares	2/12/2021	M · Option Exercise	−5K	5.03	—	0.00

Non-Derivative Holdings (Post-Transaction)1

common stock

Indirect

Shares owned13.58K

Total

13.58K indirect13.58K

Security Title	Shares Owned	Ownership Type
common stock	13.58K	Indirect
Total	13.58K	13.58K indirect

Derivative Holdings (Post-Transaction)7

Options to Purchase Common Stock

Direct

Underlying security

common stock

Underlying shares

15K

Shares owned

15K

Exercise price

11.84

Expiration

—

Exercise window

—

stock options

Direct

Underlying security

common stock

Underlying shares

15K

Shares owned

15K

Exercise price

8.04

Expiration

—

Exercise window

—

Options to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

11.84

Expiration

—

Exercise window

—

Options to Purchase Common Stock

Direct

Underlying security

common stock

Underlying shares

7K

Shares owned

7K

Exercise price

11.27

Expiration

—

Exercise window

—

stock options

Direct

Underlying security

common stock

Underlying shares

15K

Shares owned

15K

Exercise price

6.93

Expiration

—

Exercise window

—

Options to Purchase Common Stock

Direct

Underlying security

Common Stock

Underlying shares

7.50K

Shares owned

7.50K

Exercise price

9.41

Expiration

—

Exercise window

—

stock options

Direct

Underlying security

common stock

Underlying shares

6.50K

Shares owned

6.50K

Exercise price

10.15

Expiration

—

Exercise window

—

Total

Underlying

81K

Owned

81K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Options to Purchase Common Stock Direct	common stock	11.84	—	—	15K	15K
stock options Direct	common stock	8.04	—	—	15K	15K
Options to Purchase Common Stock Direct	Common Stock	11.84	—	—	15K	15K
Options to Purchase Common Stock Direct	common stock	11.27	—	—	7K	7K
stock options Direct	common stock	6.93	—	—	15K	15K
Options to Purchase Common Stock Direct	Common Stock	9.41	—	—	7.50K	7.50K
stock options Direct	common stock	10.15	—	—	6.50K	6.50K
Total					81K	81K

HEDGEPETH WILLIAM L — Insider Transaction (Form 4) Filed Feb 12, 2021 | Finecho