SEC Form 4 · accession 0001430723-17-000025
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley M. Brock
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 9, 2017 · 1:45 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,F2 | Jun 1, 2017 | M | 30,000 | $5.00 | A | 860,420 | 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 | $5.00 | Jun 1, 2017 | M | 30,000 | D | Nov 28, 2016 | Nov 28, 2021 | COMMON STOCK | 30,000 | 30,000 | D |
| STOCK OPTION (RIGHT TO BUY)F4 | $18.57 | holding | — | — | — | Jun 15, 2018 | Jun 15, 2023 | COMMON STOCK | 13,000 | 43,000 | D |
Explanation of responses
- F1The reporting person no longer has a reportable beneficial interest in 73,500 shares of SFBS common stock owned by his son and included in the reporting person's prior ownership reports.
- 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 one additional share of ServisFirst Bancshares, Inc. common stock for each share held. As a result, the reporting person received 415,210 additional shares of ServisFirst Bancshares, Inc. common stock as of December 20, 2016.
- F3On 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 one additional share of ServisFirst Bancshares, Inc. common stock for each share held. As a result, the reporting person received 30,000 additional stock options of ServisFirst Bancshares, Inc. common stock as of December 20, 2016.
- F4On 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 one additional share of ServisFirst Bancshares, Inc. common stock for each share held. As a result, the reporting person received 6,500 additional stock options of ServisFirst Bancshares, Inc. common stock as of December 20, 2016.