SEC Form 4 · accession 0001430723-17-000014
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Buford Harrison Morris III
Officer — EVP, Regional CEO
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 5:27 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 | Mar 7, 2017 | S | 11,902 | $41.51 | D | 139,543 | D | |
| COMMON STOCK | Mar 8, 2017 | S | 200 | $41.52 | D | 139,343 | D | |
| COMMON STOCK | holding | — | — | — | 7,458 | I | Held in spouse's IRA |
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) | $10.00 | holding | — | — | — | Feb 21, 2017 | Feb 21, 2022 | COMMON STOCK | 12,000 | 12,000 | D |
| STOCK OPTION (RIGHT TO BUY) | $30.17 | holding | — | — | — | Jan 20, 2020 | Jan 20, 2025 | COMMON STOCK | 5,000 | 17,000 | D |
| STOCK OPTION (RIGHT TO BUY) | $19.155 | holding | — | — | — | Jan 25, 2021 | Jan 25, 2026 | COMMON STOCK | 4,000 | 21,000 | D |
| STOCK OPTION (RIGHT TO BUY) | $13.833 | holding | — | — | — | Feb 10, 2021 | Feb 10, 2024 | COMMON STOCK | 12,000 | 33,000 | 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 $41.50 to $41.64, 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.