0001638599-20-000084.txt : 20200123 0001638599-20-000084.hdr.sgml : 20200123 20200123150921 ACCESSION NUMBER: 0001638599-20-000084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200121 FILED AS OF DATE: 20200123 DATE AS OF CHANGE: 20200123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: betts walter keith CENTRAL INDEX KEY: 0001377701 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50400 FILM NUMBER: 20541760 MAIL ADDRESS: STREET 1: 6924 MASONBORO SOUND ROAD CITY: WILMINGTON STATE: NC ZIP: 28409 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_6480.xml PRIMARY DOCUMENT X0306 4 2020-01-21 0 0001263762 SELECT BANCORP, INC. SLCT 0001377701 betts walter keith 700 W CUMBERLAND ST DUNN NC 28334 0 1 0 0 Chief Banking Officer Common Stock 100 D Stock Options 8.12 2026-04-14 common stock 2500 2500 D Stock Options 10.15 2027-01-24 common stock 1700 1700 D Options to purchase common stock 11.84 2029-01-22 common stock 7500 7500 D Options to Purchase Common Stock 11.84 2020-01-21 4 A 0 5000 0 A 2030-01-21 common stock 5000 5000 D The option vests in five equal annual installments beginning on April 14, 2017, 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 January 22, 2020, subject to holder's continued employment. The option vests in five equal annual installments beginning on January 21, 2021, subject to holder's continued employment. /s/Walter Keith Betts 2020-01-23