SEC Form 4 · accession 0001329799-15-000023
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 26, 2015
Accepted (ET)
Mar 2, 2015 · 2:39 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 26, 2015 | X | 319,762 | $5.15 | A | 3,316,948 | I | By Patriot Financial Partners, LP |
| Class A Common StockF3,F2 | Feb 26, 2015 | X | 55,238 | $5.15 | A | 572,999 | I | By Patriot Financial Partners Parallel, LP |
| Class A Common StockF4 | Feb 26, 2015 | F | 59,601 | $27.63 | D | 3,257,347 | I | By Patriot Financial Partners, LP |
| Class A Common StockF4 | Feb 26, 2015 | F | 10,296 | $27.63 | D | 562,703 | 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 26, 2015 | X | 319,762 | D | May 21, 2010 | May 21, 2015 | Class A Common Stock | 319,762 | 0 | I |
| Warrants to purchase Class A Common Stock | $5.15 | Feb 26, 2015 | X | 55,238 | D | May 21, 2010 | May 21, 2015 | Class A Common Stock | 55,238 | 0 | I |
Explanation of responses
- F1Class A Common Stock includes 876 RSU's which will vest 100% on February 3, 2016, the first anniversary of the date of the award.
- 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.
- F3Class A Common Stock includes 155 RSU's which will vest 100% on February 3, 2016, the first anniversary of the date of the award.
- F4Shares withheld in connection with cashless exercise of warrant.