SEC Form 4 · accession 0001209191-18-010270
CenterState Bank Corp · CSFL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernest S Pinner
Officer — Executive Chairman · Director
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 12:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102266
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2018 | M | 13,459 | $0.00 | A | 157,673 | D | |
| Common Stock | Feb 13, 2018 | F | 5,249 | $26.34 | D | 152,424 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | $26.34 | Feb 13, 2018 | A | 114,177 | A | — | Dec 31, 2019 | Common Stock | 114,177 | 114,177 | D |
Explanation of responses
- F1Issued pursuant to 2/8/16 stock grant award.
- F2Withholding of shares to pay tax liability applicable to the vesting of securities issued in accordance with Rule 16(b)-3.
- F3Number of Performance Share Units ("PSU") awarded on 2/13/18 pursuant to the completion of the performance goals set forth in the Company's 2014 Long Term Incentive Plan. The PSUs are fully vested and subject to a mandatory two year hold period ending on 12/31/19. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the holding period.