SEC Form 4 · accession 0001562180-19-001120
CenterState Bank Corp · CSFL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Dean Young
Officer — Chief Operating Officer
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102266
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF1 | $26.51 | Feb 19, 2019 | A | 5,371 | A | — | Jan 1, 2021 | Common Stock | 5,371 | 11,473 | D |
Explanation of responses
- F1Number of Performance Share Units ("PSU") awarded on 2/19/19 pursuant to the completion of the performance goals set forth in the Company's 2015 Long Term Incentive Plan. The PSUs are fully vested and subject to a mandatory two year hold period ending on 1/1/21. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the holding period.