HIRATA VERNON (Vice Chairman & Co-COO) exercised options at TERRITORIAL BANCORP INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/4/2020ACC: 0001567619-20-011693
OfficerOther· Vice Chairman & Co-COO
Since Mar 2019
-22.20K
Net shares
Net seller
$562.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
32.41K acquired · 54.62K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+32.41K
Price / share
$17.36
Trade value
$562.64K
% of position
40.7%
6/3/2020
79.68K→112.09K
Common Stock
Direct
Shares
−22.20K
Price / share
$25.34
Trade value
$562.67K
% of position
19.8%
6/3/2020
112.09K→89.88K
Total
Net shares
+10.21K
Net value
-$37.10
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/3/2020 | M · Option Exercise | +32.41K | $17.36 | $562.64K | 40.7% | 79.68K | 112.09K |
| Common Stock Direct | 6/3/2020 | F · Tax Withholding | −22.20K | $25.34 | $562.67K | 19.8% | 112.09K | 89.88K |
| Total | +10.21K | -$37.10 | ||||||
Derivative Transactions1
Stock Options
Direct
Converts to
Common Stock
32.41K shares
Shares
−32.41K
Strike price
17.36
Held after
0.00
Exercisable
—
6/3/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options Direct | Common Stock32.41K shares | 6/3/2020 | M · Option Exercise | −32.41K | 17.36 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)4
Common Stock
IndirectShares owned42.97K
Common Stock
IndirectShares owned15.60K
Common Stock
IndirectShares owned11.70K
Common Stock
IndirectShares owned415.00
Total
70.68K indirect70.68K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 42.97K | Indirect |
| Common Stock | 15.60K | Indirect |
| Common Stock | 11.70K | Indirect |
| Common Stock | 415.00 | Indirect |
| Total | 70.68K | 70.68K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported