SEC Form 4 · accession 0001430723-16-000075
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Lee Barber
Officer — EVP, Regional CEO
Period of report
Jun 8, 2016
Accepted (ET)
Jun 8, 2016 · 3:44 pm EDT
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 STOCKF1 | Jun 8, 2016 | S | 10,000 | $51.49 | D | 38,873 | 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)F2 | $31.48 | holding | — | — | — | — | Feb 17, 2025 | COMMON STOCK | 18,000 | 18,000 | 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 $51.42 to $51.81, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of 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 (1) to this Form 4.
- F2The option vests in five equal annual installments beginning on the first anniversary of the award, February 17, 2016.