SEC Form 4/A · accession 0001209191-16-088416
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Robert J. Merrick
Director
Period of report
Jan 3, 2016
Accepted (ET)
Jan 5, 2016 · 3:05 pm 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 3, 2016 | M | 1,621 | — | A | 42,650 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restriced Stock UnitsF2,F1,F3 | — | Jan 3, 2016 | M | 1,621 | D | — | — | Common Stock | 1,621 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of XBKS common stock.
- F2This is an amendment to the Form 4 originally filed on January 4, 2016, which erroneously indicated securities were "Acquired" instead of "Disposed of"; however, the "Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)" was correctly reported in the original Form 4.
- F3The restricted stock units vested in 4 equal installments on the last day of each month ending on April 30, 2014. The shares become non-forfeitable upon vesting. The shares were delivered to the reporting person on January 3, 2016.