SEC Form 4 · accession 0001140361-16-073559
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Lewis Witt
Director
Period of report
Jul 26, 2016
Accepted (ET)
Jul 27, 2016 · 4:52 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 | Jul 26, 2016 | M | 26,993 | — | A | 73,181 | D | |
| Common Stock | holding | — | — | — | 3,171 | I | By Inner-View Ltd., of which Mr. Witt is owner and President | |
| Common Stock | holding | — | — | — | 13,427 | I | By Hampton Roads Bankshares, Inc. Amended and Restated Directors Deferred Compensation Plan | |
| 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 IRA 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 | — | Jul 26, 2016 | M | 26,993 | D | — | — | Common Stock | 26,993 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2The restricted stock units vest on the earlier of (i) the first anniversary of the July 24, 2013 award date, (ii) the date of the Participant's death or disability, or (iii) upon a change in control of the Issuer, unless the Participant voluntarily resigns as a member of the Board of Directors or is removed for cause as a member of the Board prior to such date.