SEC Form 4 · accession 0001209191-17-065844
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 13, 2017
Accepted (ET)
Dec 15, 2017 · 2:11 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 13, 2017 | A | 118,518 | $19.70 | A | 269,271 | D | |
| Common Stock | Dec 13, 2017 | F | 91,892 | $34.10 | D | 177,379 | 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 | $19.70 | Dec 13, 2017 | M | 118,518 | D | — | Jul 28, 2023 | Common Stock | 118,518 | 0 | D |
Explanation of responses
- F1These options were exercisable in three equal installments on July 29,2017, July 29, 2018, and July 29, 2019; however, the vesting was accelerated, making them fully exercisable on December 7, 2017.