4//SEC Filing
Jones Stanley B. Jr. 4
Accession 0001638599-21-000291
CIK 0001323648other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:51 PM ET
Size
8.3 KB
Accession
0001638599-21-000291
Insider Transaction Report
Form 4
Jones Stanley B. Jr.
EVP and CCO, Essex Bank
Transactions
- Award
Restricted Stock Unit (performance-based)
2021-02-22+5,000→ 5,000 totalFrom: 2023-12-31→ Common Stock (5,000 underlying) - Award
Employee Stock Option (right to buy)
2021-02-22+20,000→ 20,000 totalExercise: $7.75Exp: 2031-02-22→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]The option vests in four equal annual installments beginning on February 22, 2022.
- [F2]The vesting of the performance-based restricted stock units, and the corresponding issuance of shares of common stock, is based on the Issuer's performance with respect to the return on average assets financial metric over the three-year period ending December 31, 2023. If, at the end of the performance period, the metric is at the 40th percentile of the peer group, 75% of the shares will vest. If the metric is at the 60th percentile, 100% of the shares will vest. If the metric is at the 80th percentile, 175% of the shares will vest. Vesting is pro rata between these percentile levels, and there is no vesting if the metric is below the 40th percentile.
Documents
Issuer
Community Bankers Trust Corp
CIK 0001323648
Entity typeother
Related Parties
1- filerCIK 0001848487
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:51 PM ET
- Size
- 8.3 KB