SEC Form 4 · accession 0001140361-17-016399
FBR & Co. · FBRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Hendrix
Officer — President and CEO · Director
Period of report
Apr 20, 2017
Accepted (ET)
Apr 21, 2017 · 4:04 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 20, 2017 | M | 30,000 | $11.80 | A | 347,647 | D | |
| Common Stock | Apr 20, 2017 | F | 23,161 | $17.90 | D | 324,486 | 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 | $11.80 | Apr 20, 2017 | M | 30,000 | A | Feb 24, 2010 | Feb 24, 2019 | Common Stock | 30,000 | 65,000 | 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.
- F2These options became exercisable in equal one-fourth increments in February 24, 2010, February 24, 2011, February 24, 2012 and February 24, 2013, which were the respective 1st, 2nd, 3rd, and 4th anniversary dates on which the options were granted.