SEC Form 4 · accession 0001430723-17-000007
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Broughton
Officer — President & CEO · Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 3:42 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 STOCKF1 | Feb 21, 2017 | M | 10,000 | $5.00 | A | 950,000 | D | |
| COMMON STOCKF1,F2 | holding | — | — | — | 7,020 | I | Step Daughter | |
| COMMON STOCKF1,F2 | holding | — | — | — | 7,020 | I | Step Daughter | |
| COMMON STOCKF1,F2 | holding | — | — | — | 54,540 | I | Wife |
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)F1 | $5.00 | Feb 21, 2017 | M | 10,000 | D | Nov 28, 2016 | Nov 28, 2021 | COMMON STOCK | 10,000 | 50,000 | D |
| STOCK OPTION (RIGHT TO BUY)F1 | $15.085 | holding | — | — | — | Jan 20, 2020 | Jan 20, 2025 | COMMON STOCK | 20,000 | 70,000 | D |
| STOCK OPTION (RIGHT TO BUY)F1 | $18.57 | holding | — | — | — | Jun 15, 2018 | Jun 15, 2023 | COMMON STOCK | 13,000 | 83,000 | D |
Explanation of responses
- F1On November 16, 2016 ServisFirst Bancshares, Inc. declared a 2-for-1 stock split in the form of a stock dividend. On December 20, 2016, all holders of record of common stock as of the close of business on December 5, 2016 received a distribution of an additional share of ServisFirst Bancshares, Inc. common stock for each share held.
- F2The reporting person disclaims beneficial ownership of the shares held by his wife and his step daughters, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.