SEC Form 4 · accession 0001606036-15-000001
Heritage Financial Group Inc · HBOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carol W Slappey
Officer — Executive Vice President · Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 11:28 am EDT
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 | Jun 15, 2015 | M | 10,000 | $14.97 | A | 70,515 | D | |
| Common Stock | Jun 15, 2015 | M | 17,438 | $11.94 | A | 87,953 | D | |
| Common Stock | holding | — | — | — | 4,907 | I | By IRA | |
| Common Stock | holding | — | — | — | 2,931 | I | By spouse | |
| Common Stock | holding | — | — | — | 12,430 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F1 | $14.97 | Jun 15, 2015 | M | 10,000 | D | — | May 19, 2016 | Common Stock | 10,000 | 14,402 | D |
| Stock Option (Right to buy)F2 | $11.94 | Jun 15, 2015 | M | 17,438 | D | — | Jul 1, 2022 | Common Stock | 17,438 | 20,000 | D |
Explanation of responses
- F1The options were granted under the Issuer's 2011 Equity Incentive Plan and vest in five equal annual installments beginning on July 1, 2012. Stock appreciation rights were granted in tandem with the stock options. Accordingly, the exercise of the stock options resulted in the termination of the stock appreciation rights.
- F2The options were granted under the Issuer's 2011 Equity Incentive Plan and vest in five equal annual installments beginning on July 1, 2012. Stock appreciation rights were granted in tandem with the stock options. Accordingly, the exercise of the stock options resulted in the termination of the stock appreciation rights.