SEC Form 4 · accession 0001209191-15-082958
BANK OF THE OZARKS INC · OZRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tyler A Vance
Officer — COO & Chief Banking Officer · Director
Period of report
Dec 1, 2015
Accepted (ET)
Dec 2, 2015 · 5:50 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 | Dec 1, 2015 | M | 16,000 | $15.9275 | A | 81,448 | D | |
| Common StockF1 | Dec 1, 2015 | S | 16,000 | $54.5467 | D | 65,448 | D | |
| Common Stock | holding | — | — | — | 24,206 | I | Shares held in 401(k) at 12/01/2015. |
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 | Dec 1, 2015 | M | 16,000 | D | Nov 5, 2015 | Nov 5, 2019 | Common Stock | 16,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple trades on December 1, 2015 at prices ranging from $54.4440 to $54.6263, 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.