4//SEC Filing
Plumley Jakeeta H. 4
Accession 0001104659-21-147281
CIK 0001323648other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 5:22 PM ET
Size
15.3 KB
Accession
0001104659-21-147281
Insider Transaction Report
Form 4
Plumley Jakeeta H.
EVP & Dir. of H.R., Essex Bank
Transactions
- Disposition to Issuer
Employee Stock Option
2021-12-03−10,000→ 0 totalExercise: $8.45Exp: 2028-01-19→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option
2021-12-03−15,000→ 0 totalExercise: $7.19Exp: 2031-01-15→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option
2021-12-03−20,000→ 0 totalExercise: $7.70Exp: 2029-01-18→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option
2021-12-03−10,000→ 0 totalExercise: $7.40Exp: 2027-01-20→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option
2021-12-03−10,000→ 0 totalExercise: $9.45Exp: 2030-01-17→ Common Stock (10,000 underlying)
Footnotes (6)
- [F1]The option vested in four equal annual installments beginning on January 20, 2018.
- [F2]The option vested and was to vest in four equal annual installments beginning on January 19, 2019.
- [F3]The option vested and was to vest in four equal annual installments beginning on January 18, 2020.
- [F4]The option vested and was to vest in four equal annual installments beginning on January 17, 2021.
- [F5]The option was to vest in four equal annual installments beginning on January 15, 2022.
- [F6]The transaction reported is the disposition of derivative securities pursuant to the terms of the Agreement and Plan of Reorganization, dated June 2, 2021, by and between United Bankshares, Inc. ("United") and the Issuer, pursuant to which the Issuer was merged with and into United effective December 3, 2021 (the "Merger"). The option was assumed by United in the Merger, vesting in accordance with the terms of the award agreement, and replaced with an option to purchase shares of United's common stock equal to the number of shares of the Issuer's common stock subject to such option multiplied by 0.3173, at an exercise price equal to the exercise price of such option divided by 0.3173.
Documents
Issuer
Community Bankers Trust Corp
CIK 0001323648
Entity typeother
Related Parties
1- filerCIK 0001858536
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 5:22 PM ET
- Size
- 15.3 KB