SEC Form 4 · accession 0001638599-17-000475
Community Bankers Trust Corp · ESXB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce E Thomas
Officer — EVP and CFO
Period of report
May 19, 2017
Accepted (ET)
May 23, 2017 · 5:23 pm EDT
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 | May 19, 2017 | M | 20,000 | $2.78 | A | 34,922 | D | |
| Common Stock | May 19, 2017 | S | 20,000 | $7.9399 | D | 14,922 | D | |
| Common Stock | May 19, 2017 | M | 15,000 | $2.86 | A | 29,922 | D | |
| Common Stock | May 19, 2017 | S | 6,495 | $7.9399 | D | 23,427 | D | |
| Common Stock | May 22, 2017 | S | 1,994 | $7.9311 | D | 21,433 | D | |
| Common Stock | May 22, 2017 | M | 11,250 | $3.80 | A | 32,683 | D | |
| Common Stock | May 22, 2017 | S | 7,268 | $7.9311 | D | 25,415 | D | |
| Common Stock | May 22, 2017 | M | 10,000 | $4.37 | A | 35,415 | D | |
| Common Stock | May 22, 2017 | S | 6,947 | $7.9311 | D | 28,468 | D | |
| Common Stock | May 22, 2017 | M | 5,000 | $5.07 | A | 33,468 | D | |
| Common Stock | May 22, 2017 | S | 3,772 | $7.9311 | D | 29,696 | 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 | May 19, 2017 | M | 20,000 | D | — | May 20, 2020 | Common Stock | 20,000 | 0 | D |
| Employee Stock OptionF3 | $2.86 | May 19, 2017 | M | 15,000 | D | — | Jan 17, 2023 | Common Stock | 15,000 | 0 | D |
| Employee Stock OptionF4 | $3.80 | May 22, 2017 | M | 11,250 | D | — | Jan 17, 2024 | Comon Stock | 11,250 | 3,750 | D |
| Employee Stock OptionF5 | $4.37 | May 22, 2017 | M | 10,000 | D | — | Jan 16, 2025 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF6 | $5.07 | May 22, 2017 | M | 5,000 | D | — | Jan 22, 2026 | Common Stock | 5,000 | 15,000 | 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.
- F3The option vested in four equal annual installments beginning on January 17, 2014.
- F4The option vests in four equal annual installments beginning on January 17, 2015.
- F5The option vests in four equal annual installments beginning on January 16, 2016.
- F6The option vests in four equal annual installments beginning on January 22, 2017.