HERITAGE OAKS BANCORP 4
4 · HERITAGE OAKS BANCORP · Filed Aug 5, 2013
Insider Transaction Report
Form 4
Osterbauer Robert
EVP, Market Area President
Transactions
- Award
Common Stock - Stock Options
2013-08-01+9,948→ 28,795 totalExercise: $6.65From: 2014-08-01Exp: 2023-08-01→ Common Stock (9,948 underlying) - Award
Common Stock
2013-08-01$6.65/sh+3,157$20,994→ 33,157 total
Footnotes (2)
- [F1]Mr. Osterbauer has been granted 3,157 shares of restricted stock under the Company's Equity Compensation Plan. 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. Osterbauer has been granted 9,948 shares of incentive stock options, representing a right to buy common stock, under the Company's Equity Compensation Plan. The options will vest over a 4 year vesting schedule beginning at year 1, vesting 25% over years 1, 2, 3 and 4. The options are subject to forefeiture.