SEC Form 4 · accession 0001430723-16-000053
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Foshee
Officer — CFO/EVP
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 6:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001430723
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF2,F1 | Jan 4, 2016 | S | 1,545 | $46.0348 | D | 190,177 | 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)F3 | $8.33 | holding | — | — | — | — | Feb 16, 2020 | COMMON STOCK | 15,000 | 15,000 | D |
| STOCK OPTION (RIGHT TO BUY) | $8.33 | holding | — | — | — | Jan 19, 2016 | Jan 19, 2021 | COMMON STOCK | 7,500 | 22,500 | D |
| STOCK OPTION (RIGHT TO BUY) | $10.00 | holding | — | — | — | Feb 21, 2017 | Feb 21, 2022 | COMMON STOCK | 7,500 | 30,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. The shares sold in multiple transactions ranging in price from $45.96 to $46.25, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote (2) to this Form 4.
- F2These shares were sold pursuant to a Rule 10b5-1 plan.
- F33,000 options exercisable on 2/16/2014 and 12,000 options exercisable on 2/16/2015.