SEC Form 4 · accession 0001593968-18-000138
Hercules Capital, Inc. · HTGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Bluestein
Officer — Chief Investment Officer
Period of report
Jan 9, 2018
Accepted (ET)
Jan 12, 2018 · 11:59 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280784
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 9, 2018 | A | 92,025 | $13.04 | A | 299,800 | D | |
| Restricted Stock UnitsF2,F3 | Jan 9, 2018 | A | 92,024 | $13.04 | A | 226,799 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock issued as a grant pursuant to the Amended and Restated Equity Incentive Plan and subject to forfeiture restrictions of one-third vesting on January 9, 2019 followed by quarterly vesting over the following 24 months.
- F2Each restricted stock unit represents a contingent right to receive one share of Hercules Capital, Inc. stock.
- F3The restricted stock units vest one-third on January 09, 2019 and the remaining two-thirds vest quarterly in equal amounts over the following two years. Vested shares will be delivered to reporting person as soon as reasonably practicable on the earlier of (a) January 09, 2022 and (b) the date (i) reporting person separates from service from Issuer, (ii) dies or becomes disabled or (iii) there is a change in control of the Issuer.