SEC Form 4 · accession 0001171843-18-000119
AMERICAN RIVER BANKSHARES · AMRB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loren E. Hunter
Officer — EVP - Chief Credit Officer
Period of report
Dec 31, 2017
Accepted (ET)
Jan 3, 2018 · 4:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108236
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2017 | D | 2,509 | $0.00 | D | 9,842 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 17, 2016, Mr. Hunter was awarded performance based restricted shares of common stock that carry voting and dividend rights and were subject to increase, decrease, or forfeiture based on the performance of the Company's common stock compared with the stock performance of a peer group. The shares were to be earned from January 1, 2016 to December 31, 2017, with vesting to occur on January 1, 2019. The Company did not meet the performance targets and these restricted shares were forfeited on December 31, 2017.