0001520300-17-000010.txt : 20170911 0001520300-17-000010.hdr.sgml : 20170911 20170911114651 ACCESSION NUMBER: 0001520300-17-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170908 FILED AS OF DATE: 20170911 DATE AS OF CHANGE: 20170911 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: 171078447 MAIL ADDRESS: STREET 1: 11 CHURCH STREET CITY: ASHEVILLE STATE: NC ZIP: 28801 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 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2017-09-08 0 0001520300 ASB Bancorp Inc ASBB 0001210332 TYNDALL KIRBY A 8 BLUE DAMSEL COURT BILTMORE LAKE NC 28715 0 1 0 0 EVP & Chief Financial Officer Common Stock 2017-09-08 4 M 0 15456 15.712 A 42237 D Common Stock 2017-09-08 4 F 0 5564 43.65 D 36673 D Common Stock 4461 I by ESOP Common Stock 5200 I Restricted Stock I Stock Option (right to buy) 15.712 2014-02-05 2023-02-05 Common Stock 25544 25544 D This transaction reflects the exercise of an Incentive Stock Option for a total of 15,456 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 9,892 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. Cindy E. Hamrick, Attorney-In-Fact 2017-09-11