HAMPTON ROADS BANKSHARES INC 4
4 · HAMPTON ROADS BANKSHARES INC · Filed Aug 26, 2014
Insider Transaction Report
Form 4
Dix Thomas B. III
Intermin CFO/Treasurer
Transactions
- Award
Restricted Stock Units
2014-08-22+155,780→ 155,780 total→ Common Stock (155,780 underlying) - Award
Employee Stock Option (right to buy)
2014-08-22+623,120→ 623,120 totalExercise: $1.61Exp: 2021-08-22→ Common Stock (623,120 underlying)
Footnotes (3)
- [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 option will vest in four equal annual installments beginning on August 22, 2015. The entire option will vest upon a change in control of the Issuer. Settlement of the option will occur within 30 days of the date of vesting.