FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Stallings K. Clark
2. Issuer Name and Ticker or Trading Symbol

SELECT BANCORP, INC. [ SLCT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

700 W CUMBERLAND ST
3. Date of Earliest Transaction (MM/DD/YYYY)

10/7/2021
(Street)

DUNN, NC 28334
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/7/2021  M  10530 A (1)33063 D  
Common Stock         24648 I By self as trustee for Children 
Common Stock         2000 I By Wife 
Common Stock         750186 I By The Bill and Faye Stallings Family Trust II 
Common Stock         184434 I By The Marion Faye Stallings Living Trust 
Common Stock         1592 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options to Purchase Common Stock $4.93 10/7/2021  M     2602  12/15/2011 12/15/2021 Common Stock 2602 $4.93 0 D  
Options to Purchase Common Stock $4.65 10/7/2021  M     2328  12/20/2012 12/20/2022 Common Stock 2328 $4.65 0 D  
Options to Purchase Common Stock $11.27 10/7/2021  M     5600   (3)9/6/2027 Common Stock 7000 $11.27 1400 D  

Explanation of Responses:
(1) 2,602 options @ $4.93; 2,328 options @ $4.65; 5,600 options @ $11.27
(2) Shares granted to the reporting person under the terms of the Select Bancorp, Inc. 2018 Omnibus Stock Incentive Plan.
(3) The option vests in five equal annual installments beginning on September 6, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Stallings K. Clark
700 W CUMBERLAND ST
DUNN, NC 28334
X



Signatures
/s/ K. Clark Stallings10/7/2021
**Signature of Reporting PersonDate

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