SEC Form 4 · accession 0001209191-17-049567
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Callaghan
Officer — Senior VP/CIO
Period of report
Aug 17, 2017
Accepted (ET)
Aug 18, 2017 · 12:31 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 17, 2017 | M | 1,540 | $8.30 | A | 10,506 | D | |
| Common StockF1 | Aug 17, 2017 | S | 1,540 | $28.9789 | D | 8,966 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1,F2 | $8.30 | Aug 17, 2017 | M | 1,540 | D | — | Feb 22, 2022 | Common Stock | 1,540 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.90 to $29.135, inclusive. The reporting person undertakes to provide Xenith Bankshares, Inc., any shareholder of Xenith Bankshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
- F2These options were exercisable in three equal installments February 23, 2013, 2014, and 2015.