SEC Form 4 · accession 0001437749-16-025023
Park Sterling Corp · PSTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Gaines
Officer — CFO
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2016 | F | 63,444 | $6.49 | D | 169,108 | D | |
| Common Stock | holding | — | — | — | 51,527 | I | IRA- FBO Self Roth |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to satisfy tax liability in connection with the accelerated vesting of 117,810 shares of restricted stock granted on February 24, 2011, 4,327 shares of restricted stock granted on March 26, 2013, 5,000 shares of restricted stock granted on May 22, 2014, and 5,133 shares of restricted stock granted on May 1, 2015. The remaining unvested shares of restricted stock subject to such awards, if any, will be forfeited in accordance with the terms of the awards upon the reporting person's separation of employment effective March 31, 2016