HAMPTON ROADS BANKSHARES INC 4
4 · HAMPTON ROADS BANKSHARES INC · Filed Jul 1, 2014
Insider Transaction Report
Form 4
WITT W LEWIS
Director
Transactions
- Award
Restricted Stock Units
2014-06-27+25,287→ 87,994 total→ Common Stock (25,287 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 2014. 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) June 27, 2017, (ii) the date of the Participant's death or disability, or (iii) upon a change in control of the Issuer.