SEC Form 4 · accession 0001179110-18-004232
National Bank Holdings Corp · NBHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian F Lilly
Officer — Chief Financial Officer
Period of report
Mar 9, 2018
Accepted (ET)
Mar 13, 2018 · 7:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001475841
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2018 | M | 74,769 | $20.00 | A | 203,846 | D | |
| Common StockF1 | Mar 9, 2018 | S | 74,769 | $33.5159 | D | 129,077 | D | |
| Common Stock | Mar 12, 2018 | M | 25,231 | $20.00 | A | 154,308 | D | |
| Common Stock | Mar 12, 2018 | M | 16,300 | $18.09 | A | 170,608 | D | |
| Common Stock | Mar 12, 2018 | M | 11,900 | $18.92 | A | 182,508 | D | |
| Common Stock | Mar 12, 2018 | M | 9,064 | $19.08 | A | 191,572 | D | |
| Common Stock | Mar 12, 2018 | M | 1,718 | $20.00 | A | 193,290 | D | |
| Common StockF2 | Mar 12, 2018 | S | 64,213 | $33.8058 | D | 129,077 | D | |
| Common Stock | Mar 13, 2018 | M | 5,672 | $20.00 | A | 134,749 | D | |
| Common Stock | Mar 13, 2018 | M | 7,109 | $19.56 | A | 141,858 | D | |
| Common StockF3 | Mar 13, 2018 | S | 15,376 | $33.8126 | D | 126,482 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $20.00 | Mar 9, 2018 | M | 74,769 | D | — | Feb 27, 2022 | Common Stock | 74,769 | 25,231 | D |
| Employee Stock Option (Right to Buy)F4 | $20.00 | Mar 12, 2018 | M | 25,231 | D | — | Feb 27, 2022 | Common Stock | 25,231 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $18.09 | Mar 12, 2018 | M | 16,300 | D | — | May 2, 2023 | Common Stock | 16,300 | 0 | D |
| Employee Stock Option (Right to Buy)F6 | $18.92 | Mar 12, 2018 | M | 11,900 | D | — | Apr 29, 2024 | Common Stock | 11,900 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $19.08 | Mar 12, 2018 | M | 9,064 | D | — | Apr 28, 2025 | Common Stock | 9,064 | 4,534 | D |
| Employee Stock Option (Right to Buy)F5 | $20.00 | Mar 12, 2018 | M | 1,718 | D | — | May 2, 2023 | Common Stock | 1,718 | 5,672 | D |
| Employee Stock Option (Right to Buy)F5 | $20.00 | Mar 13, 2018 | M | 5,672 | D | — | May 2, 2023 | Common Stock | 5,672 | 0 | D |
| Employee Stock Option (Right to Buy)F8 | $19.56 | Mar 13, 2018 | M | 7,109 | D | — | Mar 1, 2026 | Common Stock | 7,109 | 14,218 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $33.62, inclusive. The reporting person undertakes to provide to NBHC, any security holder of NBHC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.80 to $33.89, inclusive. The reporting person undertakes to provide to NBHC, any security holder of NBHC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.80 to $33.92, inclusive. The reporting person undertakes to provide to NBHC, any security holder of NBHC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F4Time-vested stock option award. Stock options vested in equal installments on February 27, 2013, February 27, 2014, and February 27, 2015.
- F5Time-vested stock option award. Stock options vested in equal installments on May 2, 2016 and May 2, 2017.
- F6Time-vested stock option award. Stock options vested in equal installments on April 29, 2015, April 29, 2016, and April 29, 2017.
- F7Time-vested stock option award. Stock options vest in equal installments on April 28, 2016, April 28, 2017, and April 28, 2018.
- F8Time-vested stock option award. Stock options vest in equal installments on April 28, 2017, April 28, 2018, and April 28, 2019.