SEC Form 4 · accession 0001387131-17-000568
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent S Ellert
Officer — President & CEO · Director
Period of report
Feb 2, 2017
Accepted (ET)
Feb 6, 2017 · 4:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476651
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.001 per share | Feb 2, 2017 | M | 9,500 | $20.00 | A | 149,366 | D | |
| Class A Common Stock, par value $.001 per shareF2 | Feb 2, 2017 | S | 9,500 | $45.3768 | D | 139,866 | D | |
| Class A Common Stock, par value $.001 per share | Feb 3, 2017 | M | 7,000 | $20.00 | A | 146,866 | D | |
| Class A Common Stock, par value $.001 per shareF3 | Feb 3, 2017 | S | 7,000 | $46.3507 | D | 139,866 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF4 | $20.00 | Feb 2, 2017 | M | 9,500 | D | — | Sep 26, 2020 | Class A Common Stock | 9,500 | 168,010 | D |
| Option to PurchaseF4 | $20.00 | Feb 3, 2017 | M | 7,000 | D | — | Sep 26, 2020 | Class A Common Stock | 7,000 | 161,010 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.10 to $45.90, inclusive. The reporting person undertakes to provide to FCB Financial Holdings, Inc. (the "Issuer"), any security holder of the Issuer, 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 ranges set forth in footnote (2) 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 $45.80 to $46.55, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 ranges set forth in footnote (3) to this Form 4.
- F4These options were granted on September 26, 2010 and vested over 3 years in equal annual installments beginning on the first anniversary of the grant date.