SEC Form 4 · accession 0001518715-17-000068
Mechanics Bancorp · MCHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rose Marie David
Officer — Sr. EVP-SF Lending Dir.
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001518715
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 8, 2017 | A | 995 | $0.00 | A | 20,984 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Delivery of shares of the company's common stock was made to the reporting person without payment of any consideration in connection with the vesting of underlying Performance Share Units ("PSUs") awarded as compensation in 2014 and converted to common stock on the basis of the achievement of certain performance factors. These PSUs were previously reported on a Form 4 filed June 2, 2014 with a maximum award amount of 1,670 shares. Any portion of the award not vested terminated as of the date of this issuance.