SEC Form 4 · accession 0001329799-15-000018
SQUARE 1 FINANCIAL INC · SQBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Kirk Wycoff
Director
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 7:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001329799
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 3, 2015 | A | 876 | $0.00 | A | 2,742,798 | I | By Patriot Financial Partners, LP |
| Class A Common StockF3,F2 | Feb 3, 2015 | A | 155 | $0.00 | A | 473,816 | I | By Patriot Financial Partners Parallel, LP |
| Class A Common Stock | Feb 3, 2015 | X | 319,762 | $5.15 | A | 3,062,560 | I | By Patriot Financial Partners, LP |
| Class A Common Stock | Feb 3, 2015 | X | 55,238 | $5.15 | A | 529,054 | I | By Patriot Financial Partners Parallel, LP |
| Class A Common StockF4 | Feb 3, 2015 | F | 65,374 | $25.19 | D | 2,997,186 | I | By Patriot Financial Partners, LP |
| Class A Common StockF4 | Feb 3, 2015 | F | 11,293 | $25.19 | D | 517,761 | I | By Patriot Financial Partners Parallel, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants to purchase Class A Common Stock | $5.15 | Feb 3, 2015 | X | 319,762 | D | Feb 23, 2010 | Feb 23, 2015 | Class A Common Stock | 319,762 | 0 | I |
| Warrants to purchase Class A Common Stock | $5.15 | Feb 3, 2015 | X | 55,238 | D | Feb 23, 2010 | Feb 23, 2015 | Class A Common Stock | 55,238 | 0 | I |
| Warrants to purchase Class A Common Stock | $5.15 | holding | — | — | — | May 21, 2010 | May 21, 2015 | Class A Common Stock | 319,762 | 319,762 | I |
| Warrants to purchase Class A Common Stock | $5.15 | holding | — | — | — | May 21, 2010 | May 21, 2015 | Class A Common Stock | 55,238 | 55,238 | I |
Explanation of responses
- F1976 RSUs vested 100% on February 3, 2015. 876 RSUs were awarded on February 3, 2015 which will vest 100% on February 3, 2016.
- F2Mr. Wycoff is one of the general partners of Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. (together, the "Funds") and Patriot Financial Partners, GP, L.P. ("Patriot GP") and is a member of Patriot Financial Partners, GP, LLC ("Patriot LLC"). Patriot LLC serves as general partner of Patriot GP and Patriot GP serves as general partner of the Funds. Accordingly, Mr. Wycoff may be deemed to have beneficial ownership of the securities owned by the Funds. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
- F3169 RSUs vested 100% on February 3, 2015. 155 RSUs were awarded on February 3, 2015 which will vest 100% on February 3, 2016.
- F4Shares withheld in connection with cashless exercise of warrant.