ServisFirst Bancshares, Inc. 4
4 · ServisFirst Bancshares, Inc. · Filed Feb 16, 2017
Insider Transaction Report
Form 4
Pouncey Clarence C. III
Executive VP and COO
Transactions
- Sale
COMMON STOCK
2017-02-14$41.87/sh−38,400$1,607,808→ 705,602 total - Sale
COMMON STOCK
2017-02-15$42.04/sh−11,600$487,664→ 694,002 total
Holdings
- 6,000(indirect: By Trust)
COMMON STOCK
- 27,720(indirect: By Spouse)
COMMON STOCK
Footnotes (4)
- [F1]The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $41.75 to $42.06, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote (1) to this Form 4.
- [F2]On November 16, 2016 ServisFirst Bancshares, Inc. declared a 2-for-1 stock split in the form of a stock dividend. On December 20, 2016, all holders of record of common stock as of the close of business on December 5, 2016 received a distribution of an additional share of ServisFirst Bancshares, Inc. common stock for each share held.
- [F3]The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $41.75 to $42.25, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote (3) to this Form 4.
- [F4]The reporting person was appointed trustee of the Pouncey Education Trust on April 2, 2015. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the SFBS common stock held by the trust except to the extent of his pecuniary interest therein.