INTERVEST BANCSHARES CORP 4
4 · INTERVEST BANCSHARES CORP · Filed Jan 27, 2014
Insider Transaction Report
Form 4
DANSKER LOWELL S
DirectorChairman and CEO
Transactions
- Award
Stock Appreciation Rights
2014-01-23−27,600→ 27,600 totalExercise: $7.65→ Common Stock (27,600 underlying) - Award
Common Stock
2014-01-23+2,400→ 1,167,200 total
Holdings
- 241,700(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The shares of restricted stock were granted pursuant to the Company's 2013 Equity Incentive Plan and one third of the shares vest on each of the first, second and third anniversaries of the grant date, provided the reporting person remains employed by the Company and subject to accelerated vesting upon the death or disability of the reporting person or upon a change in control of the Company.
- [F2]The stock appreciation rights were granted pursuant to the Company's 2013 Equity Incentive Plan and one third vest on each of the first, second and third anniversaries of the grant date, provided the reporting person remains employed by the Company and subject to accelerated vesting upon the death or disability of the reporting person or upon a change in control of the Company.