SEC Form 4 · accession 0001430723-17-000013

ServisFirst Bancshares, Inc. · SFBS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Regional CEO

Period of report

Mar 1, 2017

Accepted (ET)

Mar 9, 2017 · 11:59 am 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 STOCK^F1,F2	Mar 1, 2017	S	21,073	$42.04	D	56,673	D
COMMON STOCK^F2	holding	—	—		—	18,172	I	By spouse
COMMON STOCK^F2	holding	—	—		—	1,038	I	Held by joint tenancy in which spouse is member

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
STOCK OPTION (RIGHT TO BUY)^F3,F2	$15.74	holding	—	—	—	—	Feb 17, 2025	COMMON STOCK	36,000	36,000	D

F1The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $42.00 to $42.25, 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.
F2On 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.
F3The option vests in five equal annual installments beginning on the first anniversary of the award, February 17, 2016.