Durland David A 4
4 · Heritage Financial Group Inc · Filed Jul 6, 2011
Insider Transaction Report
Form 4
Durland David A
EVP and Chief Banking Officer
Transactions
- Award
Stock Option (Right to Buy)
2011-07-01+12,500→ 12,500 totalExercise: $11.94From: 2012-07-01Exp: 2022-07-01→ Common Stock (12,500 underlying) - Award
Stock Appreciation Right
2011-07-01+12,500→ 12,500 totalExercise: $11.94From: 2012-07-01Exp: 2022-07-01→ Common Stock (12,500 underlying) - Award
Common Stock
2011-07-01+1,000→ 1,000 total
Holdings
- 10,000(indirect: By IRA)
Common Stock
- 47(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Transaction represents an award of restricted stock under the Issuer's 2011 Equity Incentive Plan. The shares are scheduled to vest in five equal annual installments beginning on July 1, 2012.
- [F2]Transaction represents an award of stock appreciation rights under the Issuer's 2011 Equity Incentive Plan. The rights are scheduled to vest in five equal annual installments beginning on July 1, 2012.
- [F3]The stock appreciation rights and stock options were granted in tandem. Accordingly, the exercise of one results in the termination of the other.
- [F4]Transaction represents an award of stock options under the Issuer's 2011 Equity Incentive Plan. The options are scheduled to vest in five equal annual installments beginning on July 1, 2012.