SEC Form 4 · accession 0001209191-17-063911
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T. Gaylon Layfield
Officer — Chief Executive Officer · Director
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 4:21 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 Stock | Dec 1, 2017 | M | 11,484 | $26.20 | A | 110,449 | D | |
| Common Stock | Dec 1, 2017 | M | 4,400 | $9.20 | A | 114,849 | D | |
| Common Stock | Dec 1, 2017 | M | 5,280 | $8.30 | A | 120,129 | D | |
| Common Stock | Dec 1, 2017 | M | 30,624 | $9.50 | A | 150,753 | 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 | $26.20 | Dec 1, 2017 | M | 11,484 | D | — | Dec 23, 2019 | Common Stock | 11,484 | 0 | D |
| Option (right to buy)F2 | $9.20 | Dec 1, 2017 | M | 4,400 | D | — | Aug 1, 2021 | Common Stock | 4,400 | 0 | D |
| Option (right to buy)F3 | $8.30 | Dec 1, 2017 | M | 5,280 | D | — | Feb 22, 2022 | Common Stock | 5,280 | 0 | D |
| Option (right to buy)F4 | $9.50 | Dec 1, 2017 | M | 30,624 | D | — | Aug 14, 2022 | Common Stock | 30,624 | 0 | D |
Explanation of responses
- F1These options were exercisable in three equal installments on December 22, 2010, December 22, 2011, and December 22, 2012.
- F2These options were exercisable as follows: 33% on August 2, 2012, 33% on August 2, 2013, and 34% on August 2, 2014.
- F3These options were exercisable in three equal installments on February 23, 2013, February 23, 2014, and February 23, 2015.
- F4These options were exercisable in three equal installments on August 14, 2013, August 14, 2014, and August 14, 2015.