0001140361-17-008691.txt : 20170222
0001140361-17-008691.hdr.sgml : 20170222
20170222172509
ACCESSION NUMBER: 0001140361-17-008691
CONFORMED SUBMISSION TYPE: 5/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161231
FILED AS OF DATE: 20170222
DATE AS OF CHANGE: 20170222
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PEOPLES BANCORP OF NORTH CAROLINA INC
CENTRAL INDEX KEY: 0001093672
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 562132396
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 518 WEST C STREET
STREET 2: PO BOX 467
CITY: NEWTON
STATE: NC
ZIP: 28658-4007
BUSINESS PHONE: 8284645620
MAIL ADDRESS:
STREET 1: PO BOX 467
CITY: NEWTON
STATE: NC
ZIP: 28658-0467
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ABERNETHY ROBERT C
CENTRAL INDEX KEY: 0001183129
FILING VALUES:
FORM TYPE: 5/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-27205
FILM NUMBER: 17629640
MAIL ADDRESS:
STREET 1: P O BOX 467
CITY: NEWTON
STATE: NC
ZIP: 286580467
5/A
1
doc1.xml
FORM 5/A
X0306
5/A
2016-12-31
2017-02-14
0
0
0
0001093672
PEOPLES BANCORP OF NORTH CAROLINA INC
PEBK
0001183129
ABERNETHY ROBERT C
518 WEST C STREET
NEWTON
NC
28658
1
1
0
0
Chairman of the Board
Common Stock
2016-01-29
5
L
0
31
19.2192
A
149352.7902
D
Common Stock
2016-02-16
5
L
0
51
18.7862
A
149403.7902
D
Common Stock
2016-02-24
5
L
0
38
18.7869
A
149441.7902
D
Common Stock
2016-05-02
5
L
0
138
19.3496
A
149579.7902
D
Common Stock
2016-06-15
5
L
0
73
19.445
A
149652.7902
D
Common Stock
2016-07-28
5
L
0
103
20.60
A
149755.7902
D
Common Stock
2016-09-01
5
L
0
37
22.1399
A
149792.7902
D
Common Stock
2016-10-28
5
L
0
95
20.9899
A
149652.7902
D
Common Stock
2016-11-30
5
L
0
61
22.8999
A
149948.7902
D
Common Stock
2016-12-20
5
A
0
171
23.50
A
150119.7902
D
Common stock
6130.0584
I
Shares owned by Wife
Restricted Stock Units
2012-03-22
5
A
0
810
0
A
2017-03-22
Common Stock
810
810
D
Restricted Stock Units
2013-05-23
5
A
0
810
0
A
2017-05-23
Common Stock
810
810
D
Restricted Stock Units
2014-02-20
5
A
0
650
0
A
2017-02-20
Common Stock
650
650
D
Restricted Stock Units
2015-02-19
5
A
0
375
0
A
2019-02-19
Common Stock
375
375
D
The Restricted Stock Units ("RSUs") reported herein were previously reported in Table I on Form 4 or Form 5 filed with the SEC on the applicable grant date or at year end. The purpose of this filing is to remove the RSUs from Table I and report them instead in Table II. The revised number of Non-Derivative Securities owned is disclosed in Table I.
Each RSU represents the contingent right to receive either one share of Common Stock or a cash payment equal to the fair market value of one share of Common Stock, in each case upon vesting of the RSU and in accordance with the terms of the RSU Award Agreement.
RSUs granted on 3/22/2012 vest 100% on 3/22/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock.
RSUs granted on 5/23/2013 vest 100% on 5/23/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock.
RSUs granted on 2/20/2014 vest 100% on 2/20/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock.
RSUs granted on 2/19/2015 vest 100% on 2/19/2019. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock.
No Expiration Date.
Shares acquired through the Directors and Officers Deferral Plan.
Shares received as Service Award for 40 years of service.
Robert C. Abernethy
2017-02-22