0001520300-17-000011.txt : 20170911 0001520300-17-000011.hdr.sgml : 20170911 20170911121218 ACCESSION NUMBER: 0001520300-17-000011 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: DeFerie Suzanne S CENTRAL INDEX KEY: 0001522628 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35279 FILM NUMBER: 171078503 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 0001522628 DeFerie Suzanne S 11 CHURCH STREET ASHEVILLE NC 28801 1 1 0 0 President & CEO Common Stock 2017-09-08 4 M 0 25456 15.712 A 52143 D Common Stock 2017-09-08 4 F 0 9163 43.65 D 42980 D Common Stock 5741 I By ESOP Common Stock 31151.2009 I By 401(k) Plan Common Stock 10277 I Restricted Stock I Common Stock 5000 I By Spouse Stock Option (right to buy) 15.712 2014-02-05 2023-02-05 Common Stock 74544 74544 D This transaction reflects the exercise of an Incentive Stock Option for a total of 25,456 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 16,293 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