SEC Form 4 · accession 0001209191-16-155381
Green Bancorp, Inc. · GNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven D. Lerner
Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 15, 2016 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606363
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Dec 14, 2016 | M | 22,915 | $9.71 | A | 36,325 | D | |
| Common Stock, par value $0.01 per shareF1 | Dec 14, 2016 | S | 22,915 | $13.1623 | D | 13,410 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F2 | $9.71 | Dec 14, 2016 | M | 22,915 | D | — | Dec 29, 2016 | Common Stock, par value $0.01 per share | 22,915 | 0 | D |
Explanation of responses
- F1The shares were sold in multiple transactions on December 14, 2016 at actual sale prices ranging from $13.05 to $13.35 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2All options subject to this grant are fully vested and exercisable.