SEC Form 4 · accession 0001329799-15-000060
SQUARE 1 FINANCIAL INC · SQBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas H Bowers
Officer — President & CEO · Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 4:55 pm EDT
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 | May 8, 2015 | M | 66,664 | $6.00 | A | 217,665 | 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 | May 8, 2015 | M | 66,664 | D | — | Mar 29, 2018 | Class A Common Stock | 66,664 | 133,336 | D |
Explanation of responses
- F1Class A Common Stock total also includes 16,666 unvested RSUs which will vest in two equal annual installments beginning on November 15, 2015, 7,226 RSUs which will vest in two equal annual installments beginning on March 2, 2016, and 5,089 unvested RSUs which will vest 100% on March 3, 2016.
- F2Stock options vest in five equal annual installments beginning on March 29, 2012, the first anniversary of the date of the grant.