4//SEC Filing
INTERVEST BANCSHARES CORP 4
Accession 0001209191-15-011654
CIK 0000927807operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 7:45 PM ET
Size
14.2 KB
Accession
0001209191-15-011654
Insider Transaction Report
Form 4
HOLLY WAYNE F
Director
Transactions
- Disposition to Issuer
Common Stock
2015-02-10−60,000→ 0 total(indirect: See Footnote) - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,000→ 0 totalExercise: $17.10Exp: 2017-12-13→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock
2015-02-10−95,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,300→ 0 totalExercise: $4.02Exp: 2019-12-10→ Common Stock (6,300 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,000→ 0 totalExercise: $7.50Exp: 2018-12-11→ Common Stock (6,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between Issuer and Bank of the Ozarks, Inc. in exchange for, in the aggregate, 46,717 shares of Ozarks common stock having a market value of $35.93 per share on the effective date of the merger.
- [F2]The shares are owned by Sage, Rutty & Co., Inc., of which the reporting person is President, a Director and a shareholder. The reporting person disclaims ownership except to the extent of his pecuniary interest therein.
- [F3]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $0.47 per underlying share.
- [F4]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $2.71 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).
- [F5]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $6.19 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).
Documents
Issuer
INTERVEST BANCSHARES CORP
CIK 0000927807
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000927807
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 7:45 PM ET
- Size
- 14.2 KB