SEC Form 4 · accession 0001606036-15-000002
Heritage Financial Group Inc · HBOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
O Leonard Dorminey
Officer — President and CEO · Director
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 2:39 pm 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 19, 2015 | M | 15,000 | $11.94 | A | 76,891 | D | |
| Common Stock | holding | — | — | — | 7,003 | I | By IRA | |
| Common Stock | holding | — | — | — | 6,397 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 9,424 | I | By spouse | |
| Common Stock | holding | — | — | — | 1,047 | I | By son | |
| Common Stock | holding | — | — | — | 1,047 | I | By daughter | |
| Common Stock | holding | — | — | — | 13,153 | 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 | $11.94 | Jun 19, 2015 | M | 15,000 | D | — | Jul 1, 2022 | Common Stock | 15,000 | 67,563 | D |
| Stock Option (Right to buy)F2 | $14.97 | holding | — | — | — | — | May 19, 2016 | Common Stock | 33,399 | 33,339 | D |
| Stock appreciation rightF2 | $14.97 | holding | — | — | — | — | May 19, 2016 | Common Stock | 33,399 | 33,339 | 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.
- F2Tandem stock appreciation rights and options were granted under the 2006 Equity Incentive Plan and vested in five equal annual installments beginning on May 19, 2007.