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EX-99.1 - EXHIBIT 99.1 - SELECT BANCORP, INC.v470520_ex99-1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

  FORM 8-K  

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 6, 2017

 

SELECT BANCORP, INC.

(Exact Name of Registrant as Specified in Charter)

 

North Carolina 000-50400 20-0218264

(State or Other Jurisdiction

of Incorporation)

 

(Commission
File Number)

(IRS Employer

Identification No.)

700 W. Cumberland Street, Dunn, North Carolina 28334
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (910) 892-7080

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

qWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

qSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

qPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

qPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 6, 2017, Select Bancorp, Inc. (the “Registrant”) and its wholly-owned subsidiary, Select Bank & Trust Company (“Select Bank”) promoted Lynn H. Johnson to Chief Operating Officer of the Registrant and Select Bank. Since 2014, Ms. Johnson has served as Chief Administrative Officer of the Registrant and Select Bank.

 

A copy of the press release announcing Ms. Johnson’s promotion is included as Exhibit 99.1 to this current report and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit No.

Description of Exhibit

 

99.1 Press release dated July 7, 2017, regarding the promotion of Lynn H. Johnson to Chief Operating Officer.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SELECT BANCORP, INC.  
       
       
       
Date: July 7, 2017 By: /s/ William L. Hedgepeth II  
    William L. Hedgepeth II  
    President and Chief Executive Officer  

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.

Description of Exhibit

 

99.1 Press release dated July 7, 2017, regarding the promotion of Lynn H. Johnson to Chief Operating Officer.