SEC Form 4 · accession 0001140361-16-048823
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Thomas Mears
Officer — President & CEO of Shore Bank
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 4:10 pm EST
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 | Jan 25, 2016 | M | 61,728 | — | A | 88,776 | D | |
| Common Stock | Jan 25, 2016 | F | 23,704 | $1.67 | D | 65,072 | D |
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 | — | Jan 25, 2016 | M | 61,728 | D | — | — | Common Stock | 61,728 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2On January 24, 2014, the reporting person was granted 61,728 restricted stock units, vesting on the second anniversary of the grant date.