SEC Form 4 · accession 0001209191-15-080098
BANK OF THE OZARKS INC · OZRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George G Gleason II
Officer — Chairman & CEO · Director
Period of report
Nov 13, 2015
Accepted (ET)
Nov 13, 2015 · 5:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038205
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 13, 2015 | M | 84,000 | $15.9275 | A | 1,078,340 | D | |
| Common StockF1 | Nov 13, 2015 | S | 84,000 | $52.4205 | D | 994,340 | D | |
| Common Stock | holding | — | — | — | 158,221 | I | Shares held by spouse | |
| Common Stock | holding | — | — | — | 4,800 | I | Shares held in Trust for Adult Child | |
| Common Stock | holding | — | — | — | 2,571,200 | I | Share held in Gleason Trust | |
| Common Stock | holding | — | — | — | 1,932,631 | I | Shares held in 401(k) at 11/13/2015 | |
| Common Stock | holding | — | — | — | 180,124 | I | Shares held by Trust of which Mr. Gleason, his wife and descendants are beneficiaries |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $15.9275 | Nov 13, 2015 | M | 84,000 | D | Nov 5, 2015 | Nov 5, 2019 | Common Stock | 84,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple trades on November 13, 2015 at prices ranging from $52.0300 to $52.6000, inclusive. The reporting person hereby undertakes to provide to Bank of the Ozarks, Inc., a shareholder of Bank of the Ozarks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.