SEC Form 4 · accession 0001437749-15-022364
1st Century Bancshares, Inc. · FCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Philip DiNapoli
Officer — President and COO · Director
Period of report
Dec 10, 2015
Accepted (ET)
Dec 16, 2015 · 1:24 pm EST
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 | Dec 10, 2015 | G | 5,928 | $0.00 | D | 279,212 | D | |
| Common StockF1 | Dec 10, 2015 | G | 5,928 | $0.00 | A | 58,428 | I | As custodian for children |
| Common Stock | holding | — | — | — | 46,573 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Gift of 5,928 shares in aggregate to three minor children who share reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his minor children, and this report should not be deemed an admission that the reporting person is the beneficial owner of his minor children' shares for purposes of Section 16 or for any other purpose.
- 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.