SQUARE 1 FINANCIAL INC 4
4 · SQUARE 1 FINANCIAL INC · Filed Nov 18, 2014
Insider Transaction Report
Form 4
Bhaumik Sam
EVP-Silicon Valley Banking
Transactions
- Other
Class A Common Stock
2014-11-15−3,667→ 7,333 total(indirect: Restricted Stock IV) - Tax Payment
Class A Common Stock
2014-11-15$21.43/sh−1,379$29,552→ 14,923 total(indirect: By Trust) - Other
Class A Common Stock
2014-11-15+3,667→ 16,302 total(indirect: By Trust)
Holdings
- 2,035(indirect: Restricted Stock VI)
Class A Common Stock
- 2,778
Class A Common Stock
- 60,000
Stock Option (Right to Buy)
Exercise: $6.00Exp: 2018-10-25→ Class A Common Stock (60,000 underlying)
Footnotes (4)
- [F1]Restricted stock vests in three equal annual installments, beginning on November 15, 2014, the first anniversary of the date of the award.
- [F2]On November 15, 2014, 3,667 shares of restricted stock vested and were reported as held by Trust. Also on November 15, 2014, the reporting person tendered 1,379 of his shares held by Trust for tax withholding purposes, leaving a beneficial ownership amount of 14,923 shares held by Trust.
- [F3]Restricted stock vests in two equal annual installments, beginning on March 1, 2015.
- [F4]Stock options vest in five equal annual installments, beginning on October 25, 2012, the first anniversary of the date of the grant.