4//SEC Filing
BARHAM O R JR 4
Accession 0001140361-12-002571
CIK 0001036070other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 6:22 PM ET
Size
7.1 KB
Accession
0001140361-12-002571
Insider Transaction Report
Form 4
StellarOne CORPSTEL
BARHAM O R JR
President and CEO
Transactions
- Award
Common Stock
2012-01-13$12.27/sh+11,410$140,001→ 46,804 total - Award
Common Stock
2012-01-13$12.27/sh+4,890$60,000→ 51,694 total
Footnotes (2)
- [F1]This restricted stock award vests at the rate of 20% each year over a five year term from the award date.
- [F2]The vesting of these performance award shares is based on StellarOne's average annual performance over the three-year period ending December 31, 2014 in four equally weighted financial performance categories against its peer group: operating revenue, efficiency ratio, percentage of non-accrual loans to total loans, and basic earnings per share after extraordinary events. If, at the end of the performance period, the average annual performance is in the 41st to 50th percentile of the peer group, 50% of the shares will vest. If performance is in the 21st to 40th percentile, then 75% of the shares will vest. If performance is in the 1st to the 20th percentile, then 100% of the shares will vest. No vesting of the shares occurs under the 50th percentile of average annual performance.
Documents
Issuer
StellarOne CORP
CIK 0001036070
Entity typeother
Related Parties
1- filerCIK 0001258106
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 6:22 PM ET
- Size
- 7.1 KB