SEC Form 4 · accession 0001638599-17-001196
Community Bankers Trust Corp · ESXB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jeffery Richard Cantrell
Officer — EVP and COO, Essex Bank
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 5:09 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 30, 2017 | M | 9,000 | $1.25 | A | 12,200 | D | |
| Common Stock | Nov 30, 2017 | M | 11,000 | $1.97 | A | 23,200 | D | |
| Common StockF2 | May 22, 2017 | S | 8,050 | $8.773 | D | 15,150 | 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)F3 | $1.25 | Nov 30, 2017 | M | 9,000 | D | — | Jan 19, 2022 | Common Stock | 9,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $1.97 | Nov 30, 2017 | M | 11,000 | D | — | Jul 20, 2022 | Common Stock | 11,000 | 0 | D |
Explanation of responses
- F1The Reporting Person sold the shares of Common Stock to pay the exercise price and tax withholding obligations of stock option exercises.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.70 to $8.80. The Reporting Person undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F3The option vested in four equal annual installments beginning on January 19, 2013.
- F4The option vested in four equal annual installments beginning on July 20, 2013.