SEC Form 4 · accession 0001329799-15-000039
SQUARE 1 FINANCIAL INC · SQBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diane Earle
Officer — EVP -- Chief Credit Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:52 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 | 1,446 | $0.00 | A | 18,729 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $6.00 | holding | — | — | — | — | Oct 26, 2017 | Class A Common Stock | 7,500 | 7,500 | D |
| Stock Option (Right to Buy)F3 | $6.88 | holding | — | — | — | — | Oct 29, 2019 | Class A Common Stock | 27,500 | 27,500 | D |
Explanation of responses
- F11,446 RSUs were awarded on March 2, 2015, of which 482 vested immediately and the remaining 964 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 two equal annual installments beginning on November 15, 2015, and 891 RSUs which will vest 100% on March 3, 2016.
- F2Stock options vest in five equal annual installments, beginning on October 26, 2011, the first anniversary of the date of the grant.
- F3Stock options vest in five equal annual installments, beginning on October 29, 2013, the first anniversary of the date of the grant.