SEC Form 5 · accession 0000899243-16-031711
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Lewis Witt
Director
Period of report
Dec 31, 2015
Accepted (ET)
Oct 14, 2016 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001143155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Mar 26, 2015 | M | 17,857 | — | A | 59,615 | D | |
| Common Stock | holding | — | — | — | 3,171 | I | By Inner-View Ltd., of which Mr. Witt is owner and President | |
| Common Stock | holding | — | — | — | 908 | I | By retirement account for benefit of spouse, Judith W. Witt | |
| Common Stock | holding | — | — | — | 253 | I | By retirement account for benefit of W. Lewis Witt | |
| Common Stock | holding | — | — | — | 6,037 | I | By ROTH RIA for benefit of W. Lewis Witt | |
| Common Stock | holding | — | — | — | 305 | I | By TOD Registration account for benefit of Judith W. Witt | |
| Common Stock | holding | — | — | — | 4,926 | I | By TOD Registration account for benefit of W. Lewis Witt |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 26, 2015 | M | 17,857 | D | — | — | Common Stock | 17,857 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of XBKS common stock.
- F2The restricted stock units vested on the grant date, December 14, 2012, and settled for shares of common stock on March 26, 2015.
- F3Includes 13,427 shares of common stock previously reported as "Indirect" ownership through the Hampton Roads Bankshares, Inc. Amended and Restated Directors Deferred Compensation Plan (the "Plan"). The Plan was terminated and as a result such shares were automatically converted to "Direct" ownership.