KELLEY SCOT A. (VP Credit Adminstration) exercised options at PREMIER FINANCIAL BANCORP INC

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

M · 3 exercises

KELLEY SCOT A.

Filed: 6/6/2019ACC: 0001567619-19-012859

InsiderKELLEY SCOT A.CIK 1430276

→

IssuerPREMIER FINANCIAL BANCORP INCCIK 887919

Officer· VP Credit Adminstration

Since Mar 2019

0.00

Net shares

Net seller

$52.1K

Total acquired

Open market trades

0B · 0S

Total transactions

3.81K acquired · 3.81K disposed

Non-Derivative Transactions3

PFBI Common Stock

Direct

M · Option Exercise

+1.31K

Price / share

$10.84

Trade value

$14.15K

% of position

8.1%

6/5/2019

16.19K→17.49K

PFBI Common Stock

Direct

M · Option Exercise

+1.25K

Price / share

$15.21

Trade value

$19.01K

% of position

7.1%

6/5/2019

17.49K→18.74K

PFBI Common Stock

Direct

M · Option Exercise

+1.25K

Price / share

$15.12

Trade value

$18.90K

% of position

6.7%

6/5/2019

18.74K→19.99K

Total

Net shares

+3.81K

Net value

$52.06K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
PFBI Common Stock Direct	6/5/2019	M · Option Exercise	+1.31K	$10.84	$14.15K	8.1%	16.19K	17.49K
PFBI Common Stock Direct	6/5/2019	M · Option Exercise	+1.25K	$15.21	$19.01K	7.1%	17.49K	18.74K
PFBI Common Stock Direct	6/5/2019	M · Option Exercise	+1.25K	$15.12	$18.90K	6.7%	18.74K	19.99K
Total			+3.81K		$52.06K

Derivative Transactions3

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

1.25K shares

−1.25K

Strike price

15.1200

Held after

2.50K

Exercisable

—

6/5/2019

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

1.25K shares

−1.25K

Strike price

15.2080

Held after

1.25K

Exercisable

—

6/5/2019

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

1.31K shares

−1.31K

Strike price

10.8364

Held after

0.00

Exercisable

—

6/5/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	PFBI Common1.25K shares	6/5/2019	M · Option Exercise	−1.25K	15.1200	—	2.50K
Employee Stock Option (Right to Buy) Direct	PFBI Common1.25K shares	6/5/2019	M · Option Exercise	−1.25K	15.2080	—	1.25K
Employee Stock Option (Right to Buy) Direct	PFBI Common1.31K shares	6/5/2019	M · Option Exercise	−1.31K	10.8364	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Employee Stock Option (Right to Buy)

Direct

Underlying security

PFBI Common

Underlying shares

3.90K

Shares owned

3.90K

Exercise price

15.57

Expiration

—

Exercise window

—

Total

Underlying

3.90K

Owned

3.90K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	PFBI Common	15.57	—	—	3.90K	3.90K
Total					3.90K	3.90K