0001503249-15-000034.txt : 20151210 0001503249-15-000034.hdr.sgml : 20151210 20151210133148 ACCESSION NUMBER: 0001503249-15-000034 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151208 FILED AS OF DATE: 20151210 DATE AS OF CHANGE: 20151210 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASB Bancorp Inc CENTRAL INDEX KEY: 0001520300 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 453463413 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11 CHURCH STREET CITY: ASHEVILLE STATE: NC ZIP: 28801 BUSINESS PHONE: 828-254-7411 MAIL ADDRESS: STREET 1: 11 CHURCH STREET CITY: ASHEVILLE STATE: NC ZIP: 28801 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TYNDALL KIRBY A CENTRAL INDEX KEY: 0001210332 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35279 FILM NUMBER: 151280447 MAIL ADDRESS: STREET 1: 11 CHURCH STREET CITY: ASHEVILLE STATE: NC ZIP: 28801 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2015-12-08 0 0001520300 ASB Bancorp Inc ASBB 0001210332 TYNDALL KIRBY A 11 CHURCH STREET ASHEVILLE NC 28801 0 1 0 0 EVP & CHIEF FINANCIAL OFFICER COMMON STOCK 2015-12-08 4 M 0 5000 15.712 A 21405 D COMMON STOCK 2015-12-08 4 F 0 3021 26 D 18384 D COMMON STOCK 2650.6558 I BY ESOP COMMON STOCK 15600 I RESTRICTED STOCK I STOCK OPTION (RIGHT TO BUY) 15.712 2015-12-08 4 M 0 5000 15.712 D 2014-02-05 2023-02-05 COMMON STOCK 5000 46000 D This transaction reflects the exercise of an Incentive Stock Option for a total of 5,000 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the Reporting Person acquired ownership of an additional 1,979 shares of common stock. Shares of restricted stock vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of the award. Stock options vest in five equal annual installments beginning on February 5, 2014, the first anniversary of the date of the grant. /S/ KIRBY A. TYNDALL 2015-12-10