SEC Form 4 · accession 0001140361-15-008827
Heritage Financial Group Inc · HBOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
O Mitchell Smith
Officer — EVP, Chief Credit Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 9:51 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001493491
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Feb 23, 2015 | S | 2,000 | $25.32 | D | 19,562 | D | |
| COMMON STOCK | Feb 24, 2015 | S | 2,563 | $25.41 | D | 16,999 | D | |
| COMMON STOCK | holding | — | — | — | 9,869 | I | BY 401(k) | |
| COMMON STOCK | holding | — | — | — | 8,873 | I | BY ESOP | |
| COMMON STOCK | holding | — | — | — | 125 | I | BY DAUGHTER |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK APPRECIATION RIGHT (COMMON STOCK)F1,F2 | $11.94 | holding | — | — | — | Jul 1, 2012 | Jul 1, 2022 | COMMON STOCK | 5,000 | 5,000 | D |
| STOCK OPTION (RIGHT TO BUY)F1,F2 | $11.94 | holding | — | — | — | Jul 1, 2012 | Jul 1, 2022 | COMMON STOCK | 5,000 | 5,000 | D |
Explanation of responses
- F1Tandem stock appreciation rights and options were granted under the Issuer's 2011 Equity Incentive Plan. The rights and options are scheduled to vest in five equal annual installments beginning on July 1, 2012.
- F2The stock appreciation rights and stock options were granted in tandem. Accordingly, the exercise of one results in the termination of the other.