SEC Form 4 · accession 0001140361-15-033396
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas J Glenn
Officer — President & CEO · Director
Period of report
Aug 22, 2015
Accepted (ET)
Aug 25, 2015 · 4:00 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 Stock | Aug 22, 2015 | M | 143,062 | $1.79 | A | 153,430 | D | |
| Common Stock | Aug 22, 2015 | F | 47,354 | $1.79 | D | 106,076 | D | |
| Common StockF1 | holding | — | — | — | 620 | I | Benefit Plan | |
| Common StockF2 | holding | — | — | — | 379 | I | Benefit Plan | |
| Common Stock | holding | — | — | — | 186 | I | By spouse's 401(k) plan | |
| Common Stock | holding | — | — | — | 11 | I | By 401(k) plan | |
| Common Stock | holding | — | — | — | 71 | I | By Spouse | |
| Common Stock | holding | — | — | — | 303 | I | By spouse's Executive Savings Trust | |
| Common Stock | holding | — | — | — | 18 | I | As custodian for son, Grayson D.W. Glenn | |
| Common Stock | holding | — | — | — | 18 | I | As custodian for son, Bayler N. Glenn | |
| Common Stock | holding | — | — | — | 93 | I | By Amended and Restated Directors Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Aug 22, 2015 | M | 143,062 | D | — | — | Common Stock | 143,062 | 429,185 | D |
Explanation of responses
- F1Shares held by the Hampton Roads Bankshares, Inc. 2008 Directors Deferred Compensation Plan.
- F2Shares held by the Hampton Roads Bankshares, Inc. Executive Savings Plan.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F4The restricted stock units will vest in four equal annual installments beginning on August 22, 2015. All restricted stock units will vest upon a change in control of the Issuer. Settlement of the restricted stock units will occur within 30 days of the date of vesting.