4//SEC Filing
HAMPTON ROADS BANKSHARES INC 4
Accession 0001140361-16-074416
CIK 0001143155operating
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:38 PM ET
Size
11.4 KB
Accession
0001140361-16-074416
Insider Transaction Report
Form 4
RICHARDS DONNA W
Pres of Bank of Hampton Roads
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-07-29−12,438→ 0 total→ Common Stock (12,438 underlying) - Award
Restricted Stock Units
2016-07-29+200,000→ 200,000 total→ Common Stock (200,000 underlying) - Disposition to Issuer
Common Stock
2016-07-29−60,000→ 206,114 total - Disposition to Issuer
Restricted Stock Units
2016-07-29−116,835→ 0 total→ Common Stock (116,835 underlying)
Footnotes (4)
- [F1]The restricted stock units were cancelled in exchange for a cash payment of $372,867.81 in connection with the merger between Hampton Roads Bankshares, Inc. and Xenith Bankshares, Inc., effective July 29, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F3]The restricted stock units will vest in four equal 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.
- [F4]The restricted stock units will vest one half at core system conversion and the other 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, 4:38 PM ET
- Size
- 11.4 KB