0001638599-21-000728.txt : 20210929 0001638599-21-000728.hdr.sgml : 20210929 20210929114216 ACCESSION NUMBER: 0001638599-21-000728 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210928 FILED AS OF DATE: 20210929 DATE AS OF CHANGE: 20210929 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HAYES GERALD W JR CENTRAL INDEX KEY: 0001277363 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50400 FILM NUMBER: 211290171 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_7359.xml PRIMARY DOCUMENT X0306 4 2021-09-28 0 0001263762 SELECT BANCORP, INC. SLCT 0001277363 HAYES GERALD W JR 700 W CUMBERLAND ST DUNN NC 28334 1 0 0 0 Common Stock 2021-09-28 4 M 0 5600 11.27 A 122832 D Right to Acquire Common Stock Common Stock 1592 1592 D Options to Purchase Common Stock 11.27 2021-09-28 4 M 0 5600 11.27 D 2027-09-06 Common Stock 7000 1400 D Securities listed as beneficially owned do not include shares held by Rabbi Trust in the issuer amended and restated directors deferral plan in which the reporting person is a participant. Represents shares granted to the reporting person under the terms of the Select Bancorp, Inc. 2018 Omnibus Stock Incentive Plan. Pursuant to the amended and restated directors deferral plan, the reporting person has elected to defer receipt of the shares until the reporting persons separation from service as such term is defined in Internal Revenue Code Section 409A(a)(2)(A)(i) and applicable regulations and other guidance thereunder. The option vests in five equal annual installments beginning on September 6, 2018. /s/ Gerald W. Hayes, Jr. 2021-09-29