SEC Form 4 · accession 0001209191-17-021176
ACCESS NATIONAL CORP · ANCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean Hackemer
Officer — President (division)
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 6:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001176316
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Mar 14, 2017 | M | 3,000 | $15.21 | A | 268,302 | D | |
| common stock | Mar 14, 2017 | M | 1,250 | $16.22 | A | 269,552 | D | |
| common stock | Mar 14, 2017 | M | 1,875 | $15.97 | A | 271,427 | D | |
| common stock | Mar 14, 2017 | M | 1,875 | $17.96 | A | 273,302 | D | |
| common stock | Mar 14, 2017 | M | 1,875 | $18.32 | A | 275,177 | D | |
| common stock | holding | — | — | — | 10,461 | I | By spouse. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| options to purchaseF1 | $15.21 | Mar 14, 2017 | M | 3,000 | D | — | Jan 28, 2018 | common stock | 3,000 | 0 | D |
| options to purchaseF2 | $16.22 | Mar 14, 2017 | M | 1,250 | D | — | Mar 15, 2018 | common stock | 1,250 | 0 | D |
| options to purchaseF3 | $15.97 | Mar 14, 2017 | M | 1,875 | D | — | Jan 22, 2019 | common stock | 1,875 | 1,875 | D |
| options to purchaseF4 | $17.96 | Mar 14, 2017 | M | 1,875 | D | — | Jan 21, 2020 | common stock | 1,875 | 3,750 | D |
| options to purchaseF5 | $18.32 | Mar 14, 2017 | M | 1,875 | D | — | Jan 21, 2021 | common stock | 1,875 | 5,625 | D |
Explanation of responses
- F1The option vests in four equal installments as follows: 25% on 01/28/2014; 25% on 01/28/2015; 25% on 01/28/2016; and 25% on 01/28/2017.
- F2The option vests in four equal installments as follows: 25% on 03/15/2014; 25% on 03/15/2015; 25% on 03/15/2016; and 25% on 03/15/2017.
- F3The option vests in four equal installments as follows: 25% on 01/22/2015; 25% on 01/22/2016; 25% on 01/22/2017; and 25% on 01/22/2018.
- F4The option vests in four equal installments as follows: 25% on 01/21/2016; 25% on 01/21/2017; 25% on 01/21/2018; and 25% on 01/21/2019.
- F5The option vests in four equal installments as follows: 25% on 01/21/2017; 25% on 01/21/2018; 25% on 01/21/2019; and 25% on 01/21/2020.