SQUARE 1 FINANCIAL INC 4
4 · SQUARE 1 FINANCIAL INC · Filed Mar 4, 2015
Insider Transaction Report
Form 4
Bowers Douglas H
DirectorPresident & CEO
Transactions
- Award
Class A Common Stock
2015-03-02+10,839→ 157,070 total - Tax Payment
Class A Common Stock
2015-03-02$27.68/sh−1,636$45,284→ 155,434 total - Tax Payment
Class A Common Stock
2015-03-02$27.68/sh−2,092$57,907→ 153,342 total - Tax Payment
Class A Common Stock
2015-03-03$26.00/sh−2,341$60,866→ 151,001 total
Holdings
- 200,000
Stock Option (Right to Buy)
Exercise: $6.00Exp: 2018-03-29→ Class A Common Stock (200,000 underlying)
Footnotes (4)
- [F1]10,839 RSUs were awarded on March 2, 2015, of which 3,613 vested immediately and 1,636 were withheld for taxes. The remaining 7,226 RSUs will vest in two equal installments beginning with the first anniversary of the date of the award. Class A Common Stock total also includes 16,666 unvested RSUs which will vest in two equal installments beginning on November 15, 2015, and 1,018 RSUs which will vest 100% on March 3, 2016.
- [F2]From an award previously granted, 4,567 RSUs vested on March 2, 2015, of which 2,092 were withheld for taxes.
- [F3]From an award previously granted, 5,089 RSUs vested on March 3, 2015 of which 2,341 were withheld for taxes.
- [F4]Stock options vest in five equal annual installments beginning on March 29, 2012, the first anniversary of the date of the grant.