4//SEC Filing
HAMPTON ROADS BANKSHARES INC 4
Accession 0001140361-16-074370
CIK 0001143155operating
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 3:00 PM ET
Size
16.5 KB
Accession
0001140361-16-074370
Insider Transaction Report
Form 4
Garson Palmer P.
Director
Transactions
- Award
Common Stock
2016-07-29+263,023→ 263,023 total - Award
Option (right to buy)
2016-07-29+19,140→ 19,140 totalExercise: $2.62Exp: 2019-05-07→ Common Stock (19,140 underlying) - Award
Option (right to buy)
2016-07-29+13,200→ 13,200 totalExercise: $1.03Exp: 2021-04-03→ Common Stock (13,200 underlying) - Award
Option (right to buy)
2016-07-29+22,000→ 22,000 totalExercise: $1.06Exp: 2022-12-19→ Common Stock (22,000 underlying) - Award
Option (right to buy)
2016-07-29+22,000→ 22,000 totalExercise: $0.80Exp: 2021-12-21→ Common Stock (22,000 underlying) - Award
Warrant
2016-07-29+11,484→ 11,484 totalExercise: $2.62Exp: 2019-05-07→ Common Stock (11,484 underlying)
Footnotes (6)
- [F1]Received in exchange for 59,778 shares of Xenith Bankshares, Inc. ("Legacy Xenith") pursuant to the terms of the Agreement and Plan of Reorganization, dated as of February 10, 2016 (the "Merger Agreement"), between Legacy Xenith and Hampton Roads Bankshares, Inc., Legacy Xenith was merged with and into Xenith Bankshares, Inc. (previously, Hampton Roads Bankshares, Inc., "New Xenith"). On the effective date of the merger, the closing price of Legacy Xenith's common stock was $8.90 per share, and the closing price of New Xenith's common stock was $2.05 per share.
- [F2]These options were converted from options to purchase 4,350 shares of Legacy Xenith common stock for $11.49 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
- [F3]These options were converted from options to purchase 3,000 shares of Legacy Xenith common stock for $4.50 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
- [F4]These options were converted from options to purchase 5,000 shares of Legacy Xenith common stock for $3.52 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
- [F5]These options were converted from options to purchase 5,000 shares of Legacy Xenith common stock for $4.64 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
- [F6]This warrant was converted from a warrant to purchase 2,610 shares of Legacy Xenith common stock for $11.49 per share pursuant to the terms of the Merger Agreement and was immediately exercisable.
Documents
Issuer
HAMPTON ROADS BANKSHARES INC
CIK 0001143155
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001143155
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 3:00 PM ET
- Size
- 16.5 KB