Xenith Bankshares, Inc. 4
4 · Xenith Bankshares, Inc. · Filed Mar 17, 2017
Insider Transaction Report
Form 4
Callaghan William
Senior VP and CIO
Transactions
- Award
Restricted Stock Units
2017-03-15+626→ 626 total→ Common Stock (626 underlying) - Award
Common Stock
2017-03-15+808→ 8,966 total
Footnotes (3)
- [F1]The amount of securities beneficially owned reflects a 1-for-10 reverse stock split effective December 13, 2016.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Xenith Bankshares, Inc. (the"Company") common stock.
- [F3]The RSUs vest immediately and the shares become non-forfeitable upon vesting. The shares of Company common stock will be delivered to the reporting person on the earliest to occur of (i) a change in control of the Company, (ii) the reporting person's death or (iii) March 15, 2019.