SEC Form 4 · accession 0001437749-15-010354
1st Century Bancshares, Inc. · FCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan I Rothenberg
Officer — CEO and Chairman of the Board · Director · 10% Owner
Period of report
May 15, 2015
Accepted (ET)
May 15, 2015 · 3:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420525
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 15, 2015 | A | 45,000 | $0.00 | A | 750,680 | D | |
| Common Stock | holding | — | — | — | 60,225 | I | Alan Rothenberg Defined Benefit Pension Plan | |
| Common Stock | holding | — | — | — | 44,417 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 27,750 | I | Latham & Watkins Thrift & Profit Sharing Retirement Plan |
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) | $8.01 | holding | — | — | — | Oct 20, 2005 | Aug 15, 2015 | Common Stock | 307,573 | 307,573 | D |
Explanation of responses
- F1All 45,000 of these shares are restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant, a form of which was previously filed as Appendix A to the Issuer's Form DEF 14A on April 8, 2013.
- F2Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant, a form of which was previously filed as Exhibit 4.5 to the Issuer's Form S-8 filed with the SEC on December 21, 2007 and Appendix A to the Issuer's Form DEF 14A on April 8, 2013.