Durland David A 4
4 · Heritage Financial Group Inc · Filed Oct 4, 2012
Insider Transaction Report
Form 4
Durland David A
EVP and Chief Banking Officer
Transactions
- Award
Common Stock
2012-10-01+1,000→ 2,000 total
Holdings
- 904(indirect: ESOP)
common Stock
- 12,500
Stock Option (Right to Buy)
Exercise: $11.94From: 2012-07-01Exp: 2022-07-01→ Common Stock (12,500 underlying) - 184(indirect: By 401(k))
Common Stock
- 12,500
Stock Appreciation Rights
Exercise: $11.94From: 2012-07-01Exp: 2022-07-01→ Common Stock (12,500 underlying) - 10,000(indirect: By IRA)
Common Stock
Footnotes (3)
- [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 October 1, 2013.
- [F2]Transaction represents an award of stock appreciation rights and stock options under the Issuer's 2011 Equity Incentive Plan. The rights and options 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.