SEC Form 4 · accession 0001638599-16-001598
Community Bankers Trust Corp · ESXB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffery Richard Cantrell
Officer — EVP and COO, Essex Bank
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001323648
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2016 | M | 6,000 | $2.78 | A | 7,000 | D | |
| Common Stock | Nov 23, 2016 | S | 3,800 | $6.0697 | D | 3,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $2.78 | Nov 23, 2016 | M | 6,000 | D | — | May 20, 2020 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1The Reporting Person sold the shares of Common Stock to pay the exercise price and tax withholding obligations of the associated stock option exercise.
- F2The option vested in four equal annual installments beginning on May 20, 2011.