Xenith Bankshares, Inc. 4
4 · Xenith Bankshares, Inc. · Filed Dec 19, 2016
Insider Transaction Report
Form 4
RICHARDS DONNA W
Pres of Bank of Hampton Roads
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-11-25−100,000→ 100,000 total→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2016-11-25+100,000→ 306,114 total - Tax Payment
Common Stock
2016-11-25$2.58/sh−47,700$123,066→ 258,414 total
Footnotes (2)
- [F1]Restricted Stock Units convert into XBKS common stock on a one-for-one basis.
- [F2]On July 29, 2016, the reporting person was granted 200,000 Restricted Stock Units, the first half of which vested upon completion of the core system conversion on November 25, 2016, and the second half will vest on July 29, 2018.