SEC Form 4 · accession 0001430723-18-000003
ServisFirst Bancshares, Inc. · SFBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don G Owens
Officer — EVP, Chief Credit Officer
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 12:19 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 1, 2018 | M | 6,000 | $5.00 | A | 6,000 | 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)F1 | $5.00 | Feb 1, 2018 | M | 6,000 | D | Oct 31, 2017 | Oct 31, 2022 | COMMON STOCK | 6,000 | 0 | D |
Explanation of responses
- F1On June 16, 2014 ServisFirst Bancshares, Inc. declared a 3-for-1 stock split in the form of a stock dividend. On July 16, 2014, all holders of record of common stock as of the close of business on July 9, 2014 received a distribution of an additional two shares of ServisFirst Bancshares, Inc. common stock for each share held. As a result, the reporting person received 2,000 shares of ServisFirst Bancshares, Inc. common stock as of July 16, 2014. Additionally, on 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 3,000 additional shares of ServisFirst Bancshares, Inc. common stock as of December 20, 2016.