SEC Form 4 · accession 0001209191-15-006683
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick D Hanley
Director
Period of report
Jan 24, 2015
Accepted (ET)
Jan 27, 2015 · 10:54 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001442741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jan 24, 2015 | M | 2,504 | — | A | 18,629 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF1,F2 | — | Jan 24, 2015 | M | 2,504 | D | — | — | Common stock | 2,504 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of XBKS common stock.
- F2The restricted stock units vested in 12 equal installments on the last day of each month ending on December 31, 2013. The shares became non-forfeitable upon vesting. The shares were settled on January 24, 2015.