0001638599-19-000118.txt : 20190124
0001638599-19-000118.hdr.sgml : 20190124
20190124124257
ACCESSION NUMBER: 0001638599-19-000118
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190122
FILED AS OF DATE: 20190124
DATE AS OF CHANGE: 20190124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hedgepeth William L
CENTRAL INDEX KEY: 0001354630
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50400
FILM NUMBER: 19539140
MAIL ADDRESS:
STREET 1: C/O NEW CENTURY BANK
STREET 2: 700 W CUMBERLAND STREET
CITY: DUNN
STATE: NC
ZIP: 28334
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SELECT BANCORP, INC.
CENTRAL INDEX KEY: 0001263762
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 200218264
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: MARK A JEFFRIES
STREET 2: 700 WEST CUMBERLAND ST
CITY: DUNN
STATE: NC
ZIP: 283351988
BUSINESS PHONE: (910) 892-7080
MAIL ADDRESS:
STREET 1: MARK A JEFFRIES
STREET 2: 700 WEST CUMBERLAND ST
CITY: DUNN
STATE: NC
ZIP: 283351988
FORMER COMPANY:
FORMER CONFORMED NAME: NEW CENTURY BANCORP INC
DATE OF NAME CHANGE: 20030915
4
1
doc4_5888.xml
PRIMARY DOCUMENT
X0306
4
2019-01-22
0
0001263762
SELECT BANCORP, INC.
SLCT
0001354630
Hedgepeth William L
700 W CUMBERLAND ST
DUNN
NC
28334
1
1
0
0
President & CEO
common stock
48400
D
common stock
930
I
Joint with spouse
stock options
5.19
2020-01-04
common stock
2500
2500
D
stock options
5.03
2021-02-22
common stock
5000
5000
D
stock options
8.04
2026-02-23
common stock
15000
15000
D
stock options
6.93
2025-02-11
common stock
15000
15000
D
stock options
10.15
2027-01-24
common stock
6500
6500
D
Options to Purchase Common Stock
11.27
2027-09-06
common stock
7000
7000
D
Options to Purchase Common Stock
11.84
2019-01-22
4
A
0
15000
0
A
2029-01-22
common stock
15000
15000
D
These stock options are fully vested.
The option vests in five equal annual installments beginning on February 23, 2017, subject to holder's continued employment.
The option vests in five equal annual installments beginning on February 11, 2016, subject to holder's continued employment.
The option vests in five equal annual installments beginning on January 24, 2018, subject to holder's continued employment.
The option vests in five equal annual installments beginning on September 6, 2018, subject to holder's continued employment.
The option vests in five equal annual installments beginning on January 22, 2020, subject to holder's continued employment.
/s/William L Hedgepeth
2019-01-24