SEC Form 4 · accession 0001140361-16-074654
COMMUNITY WEST BANCSHARES / · CWBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin E Plourd
Officer — President & CEO · Director
Period of report
Aug 3, 2016
Accepted (ET)
Aug 3, 2016 · 5:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001051343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 2, 2016 | S | 40,000 | $7.74 | D | 37,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $1.95 | Aug 2, 2016 | M | 42,300 | A | Nov 2, 2012 | Nov 2, 2021 | Common Stock | 42,300 | 102,000 | D |
Explanation of responses
- F1The exercise of stock options reported in this Form 4 relates to the Reporting Person's shares being acquired (42,300) and sold (40,000) by the Reporting Person within the past two business days upon the cashless exercise of stock options.