4//SEC Filing
Atlantic Capital Bancshares, Inc. 4
Accession 0001461755-17-000038
CIK 0001461755operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:30 PM ET
Size
22.3 KB
Accession
0001461755-17-000038
Insider Transaction Report
Form 4
Jones Brian D.
Director10% Owner
Transactions
- Sale
Common Stock
2017-02-16$19.45/sh−179,949$3,500,008→ 1,125,129 total(indirect: By LLC) - Exercise of In-Money
Warrant (Right to Buy)
2017-02-16−350,000→ 0 total(indirect: By LLC)Exercise: $10.00From: 2007-05-14Exp: 2017-05-14→ Common Stock (350,000 underlying) - Other
Common Stock
2017-02-16−1,707,253→ 955,078 total(indirect: By LLC) - Other
Common Stock
2017-02-16−1,707,253→ 0 total(indirect: By BankCap Partners Fund I, L.P.) - Tax Payment
Common Stock
2017-02-16$19.45/sh−2,571$50,006→ 8,902 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-02-16−5,000→ 0 totalExercise: $10.00From: 2007-05-14Exp: 2017-05-14→ Common Stock (5,000 underlying) - Other
Common Stock
2017-02-16+1,707,253→ 1,707,253 total(indirect: By BankCap Partners Fund I, L.P.) - Other
Common Stock
2017-02-16+16,472→ 27,453 total(indirect: By BankCap Partners GP, L.P.) - Exercise of In-Money
Common Stock
2017-02-16$10.00/sh+350,000$3,500,000→ 1,305,078 total(indirect: By LLC) - Exercise/Conversion
Common Stock
2017-02-16$10.00/sh+5,000$50,000→ 11,473 total
Footnotes (6)
- [F1]On February 16, 2017, BCP Fund I Southeast Holdings, LLC ("BCP Fund LLC") distributed, for no consideration, 1,707,253 shares of Common Stock of the issuer (the "Shares") to BankCap Partners Fund I, L.P. ("BankCap Partners Fund"), representing BankCap Partners Fund's interest in the Shares held by BCP Fund LLC, as the sole member of BCP Fund LLC (the "BCP Fund Distribution"). On the same date, BankCap Partners Fund distributed, for no consideration, the Shares it received from the BCP Fund Distribution to its partners in an amount equal to each such partner's pro rata interest in the Shares (the "Fund Distribution"). The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F2]The sole member of BCP Fund LLC is BankCap Partners Fund. The general partner of BankCap Partners Fund is BankCap Partners GP, L.P. ("BankCap Partners GP"). The general partner of BankCap Partners GP is BankCap Equity Fund, LLC ("BankCap LLC"). Brian D. Jones and Scott A. Reed are the managing members of BankCap LLC.
- [F3]In connection with the Fund Distribution, BankCap Partners GP received 16,472 share of Common Stock of the issuer.
- [F4]On February 16, 2017, BCP Fund LLC exercised a warrant to purchase 350,000 shares of Common Stock of the issuer for $10.00 per share. BCP Fund LLC paid the exercise price on a cashless basis, resulting in the issuer withholding 179,949 shares to pay the exercise price and issuing to BCP Fund LLC the remaining 170,051 shares. The issuer also paid $8.05 to BCP Fund LLC in lieu of a fractional share.
- [F5]On February 16, 2017, Mr. Jones exercised stock options to purchase 5,000 shares of Common Stock of the issuer for $10.00 per share. Mr. Jones paid the exercise price on a cashless basis, resulting in the issuer withholding 2,571 shares to pay the exercise price and issuing to Mr. Jones the remaining 2,429 shares. The issuer also paid $5.95 to Mr. Jones in lieu of a fractional share.
- [F6]The option became fully vested three years after the date of grant listed.
Documents
Issuer
Atlantic Capital Bancshares, Inc.
CIK 0001461755
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0001461755
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:30 PM ET
- Size
- 22.3 KB