ServisFirst Bancshares, Inc. 4
4 · ServisFirst Bancshares, Inc. · Filed May 2, 2017
Insider Transaction Report
Form 4
McKinney Rex D
CEO - ServisFirst Bk Pensacola
Transactions
- Exercise/Conversion
COMMON STOCK
2017-04-28$4.17/sh+54,000$225,180→ 162,000 total - Tax Payment
COMMON STOCK
2017-04-28$4.17/sh−16,660$69,472→ 145,340 total - Exercise/Conversion
STOCK OPTION (RIGHT TO BUY)
2017-04-28$4.17/sh−54,000$225,180→ 50,000 totalExercise: $4.17From: 2016-01-19Exp: 2021-01-19→ COMMON STOCK (54,000 underlying)
Footnotes (2)
- [F1]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 one additional share of ServisFirst Bancshares, Inc. common stock for each share held. As a result, the reporting person received 54,000 additional shares of ServisFirst Bancshares, Inc. common stock as of December 20, 2016.
- [F2]These shares were withheld in payment of taxes and were approved by the Compensation Committee as an exempt disposition under Rule 16b-3(e).