SEC Form 4 · accession 0001564482-16-000018
WashingtonFirst Bankshares, Inc. · WFBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
George W Connors IV
Officer — President · Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 13, 2016 · 9:36 pm 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 Stock | Dec 13, 2016 | M | 8,266 | $12.0953 | A | 53,675 | D | |
| Common Stock | Dec 13, 2016 | M | 3,307 | $12.0958 | A | 56,982 | D | |
| Common StockF1 | Dec 13, 2016 | F | 1,428 | $28.02 | D | 55,554 | D | |
| Common StockF2 | Dec 13, 2016 | F | 901 | $28.02 | D | 54,653 | 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 | $12.0958 | Dec 13, 2016 | M | 8,266 | D | Jan 26, 2012 | Jan 26, 2017 | Common Stock | 8,266 | 3,308 | D |
| Stock OptionF3 | $12.0958 | Dec 13, 2016 | M | 3,307 | D | Jan 26, 2012 | Jan 26, 2017 | Common Stock | 3,307 | 0 | D |
Explanation of responses
- F1Represents shares surrendered to cover the exercise price of non-qualified stock options.
- F2Represents shares surrendered in order to cover tax withholding obligations from the exercise of non-qualified stock options.
- F3Pursuant to Section 422 of the Internal Revenue Code, this portion of the reporting person's stock options were deemed non-qualified stock options.