4//SEC Filing
HAMPTON ROADS BANKSHARES INC 4
Accession 0001140361-16-074415
CIK 0001143155operating
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:37 PM ET
Size
8.0 KB
Accession
0001140361-16-074415
Insider Transaction Report
Form 4
Dix Thomas B. III
Intermin CFO/Treasurer
Transactions
- Award
Restricted Stock Units
2016-07-29+150,000→ 150,000 total→ Common Stock (150,000 underlying) - Disposition to Issuer
Restricted Stock Units
2016-07-29−116,835→ 0 total→ Common Stock (116,835 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F2]The restricted stock units will vest in four equal annual installments beginning on August 22, 2015. All restricted stock units will vest upon a change in control of the Issuer. Settlement of the restricted stock units will occur within 30 days of the date of vesting.
- [F3]The restricted stock units were cancelled in exchange for a cash payment of $230,164.95 in connection with the merger between Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc., effective July 29, 2016.
- [F4]The restricted stock units will vest in two equal annual installments one half on July 29, 2017 and the remaining half on July 29, 2018.
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, 4:37 PM ET
- Size
- 8.0 KB