SEC Form 4 · accession 0001209191-16-118322
Xenith Bankshares, Inc. · XBKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Jackson
Director
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 11:02 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001442741
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | May 6, 2016 | A | 4,966 | A | — | — | Common Stock | 4,966 | 4,966 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of XBKS common stock.
- F2The restricted stock units vest in 12 equal installments on the last day of each month ending on April 30, 2017. The shares become non-forfeitable upon vesting. The shares will be delivered to the reporting person on May 6, 2018.