SEC Form 4 · accession 0001140361-17-016079
FBR & Co. · FBRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam J Fishman
Officer — Executive Vice President
Period of report
Apr 17, 2017
Accepted (ET)
Apr 18, 2017 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001371446
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 17, 2017 | M | 25,000 | $14.40 | A | 211,301 | D | |
| Common Stock | Apr 17, 2017 | F | 22,077 | $17.85 | D | 189,224 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $14.40 | Apr 17, 2017 | M | 25,000 | D | Apr 27, 2014 | Apr 27, 2018 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1This includes a non-discretionary reallocation of 194 RSUs made on April 3, 2017 to the Reporting Person pursuant to the Issuer's 2016 Retention and Incentive Plan under the 2006 Long Term Incentive Plan.
- F2The option became exercisable in full on April 27, 2017, which was the third anniversary of the date on which the option was granted.