Raver William R 4
4 · HERITAGE OAKS BANCORP · Filed Sep 14, 2012
Insider Transaction Report
Form 4
Raver William R
EVP, General Counsel
Transactions
- Award
Common Stock
2012-09-01$5.73/sh+7,329$41,995→ 8,916 total - Award
Common Stock - Stock Options
2012-09-01+9,234→ 26,137 totalExercise: $5.73From: 2013-09-01Exp: 2022-09-01→ Common Stock (9,234 underlying)
Footnotes (2)
- [F1]Mr. Raver was granted restricted stock, at a price of $5.73 per share, from the Company's 2005 Equity Plan. The shares are subject to forefeiture. The shares will vest over a 3 year vesting schedule beginning at year 1, vesting 33.33% over years 1, 2 and 3.
- [F2]Mr. Raver was granted 9,234 shares of stock options under the Company's Equity Compensation Plan. The shares are subject to forefeiture. The shares will vest over a 4 year vesting schedule beginning at year 1 vesting 25% over years 1, 2, 3 & 4.