HAMPTON ROADS BANKSHARES INC 4
4 · HAMPTON ROADS BANKSHARES INC · Filed Oct 30, 2013
Insider Transaction Report
Form 4
POELKER JOHN S
Director
Transactions
- Award
Restricted Stock Units
2013-07-24+13,496→ 13,496 total→ Common Stock (13,496 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F2]The restricted stock units were granted for service on the Board of Directors for 2013. They vest on the earlier of (i) the first anniversary of the award date, (ii) the date of the Participant's death or disability, or (iii) upon a change in control of the Issuer, unless the Participant voluntarily resigns as a member of the Board of Directors or is removed for cause as a member of the Board prior to such date. The settlement date for vested shares is the earlier of (i) July 24, 2016 (ii) the date of the Participant's death or disability, or (iii) upon a change in control of the Issuer.