SEC Form 4 · accession 0001055261-17-000002
WashingtonFirst Bankshares, Inc. · WFBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph S Bracewell
Officer — Executive Chairman · Director
Period of report
Feb 3, 2017
Accepted (ET)
Feb 6, 2017 · 10:40 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 3, 2017 | J | 16,050 | $0.00 | A | 339,510 | D | |
| Common StockF1 | Feb 3, 2017 | J | 193 | $0.00 | A | 4,058 | I | By JSB Irrevocable Trust (Peggy D. Bracewell, Trustee) |
| Common StockF1 | Feb 3, 2017 | J | 1,496 | $0.00 | A | 31,426 | I | By Donley Family Trust (Peggy D. Bracewell, Trustee) |
| Common Stock | Feb 3, 2017 | M | 5,310 | $13.1658 | A | 344,820 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3,F2 | $13.1658 | Feb 3, 2017 | M | 5,310 | D | May 10, 2012 | May 10, 2017 | Common Stock | 5,310 | 0 | D |
| Stock OptionF2,F3 | $8.689 | holding | — | — | — | Jun 11, 2012 | Jun 11, 2019 | Common Stock | 3,038 | 3,038 | D |
| Stock OptionF2,F4,F3 | $10.0317 | holding | — | — | — | — | May 1, 2023 | Common Stock | 8,269 | 8,267 | D |
| Stock OptionF2,F5,F3 | $15.1619 | holding | — | — | — | — | Mar 9, 2025 | Common Stock | 8,760 | 8,760 | D |
| Stock OptionF2,F3 | $10.2847 | holding | — | — | — | Jul 22, 2012 | Jul 22, 2018 | Common Stock | 3,038 | 3,038 | D |
| Stock OptionF2,F6,F3 | $20.00 | holding | — | — | — | — | Feb 25, 2026 | Common Stock | 8,760 | 8,760 | D |
Explanation of responses
- F1A stock dividend of 5% was distributed on December 28, 2016.
- F2Exercise price adjusted to account for the 5% stock dividend distributed on December 28, 2016.
- F3Number of shares adjusted to account for the 5% stock dividend distributed December 28, 2016.
- F4Options vest annually in five equal installments commencing on May 1, 2013, fully vesting on May 1, 2018.
- F5Options vest annually in five equal installments commencing on March 9, 2016, fully vesting on March 9, 2020.
- F6Options vest annually in five equal installments commencing on February 25, 2017, fully vesting on February 25, 2021.