SEC Form 4 · accession 0001329799-15-000034
SQUARE 1 FINANCIAL INC · SQBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Tower
Officer — EVP -- East Banking
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:43 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 | Mar 2, 2015 | A | 1,987 | $0.00 | A | 16,232 | D | |
| Class A Common StockF1 | Mar 2, 2015 | F | 216 | $27.68 | D | 16,016 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,987 RSUs were awarded on March 2, 2015, of which 663 vested immediately and 216 were withheld for taxes. The remaining 1,324 RSUs will vest in two equal installments beginning on the first anniversary of the date of the grant. Class A Common Stock total also includes 8,000 unvested RSUs which will vest in four equal annual installments beginning on February 3, 2016.