SEC Form 4 · accession 0001613665-17-000054
Great Western Bancorp, Inc. · GWB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen John Ulenberg
Officer — EVP and Chief Risk Officer
Period of report
Oct 2, 2017
Accepted (ET)
Oct 3, 2017 · 6:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001613665
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 shareF1 | Oct 2, 2017 | A | 12,279 | $0.00 | A | 20,505 | D | |
| Common Stock, par value $0.01 per shareF2 | Oct 2, 2017 | A | 6,854 | $0.00 | A | 27,359 | D | |
| Common Stock, par value $0.01 per shareF3 | Oct 3, 2017 | S | 3,463 | $40.2259 | D | 23,896 | D | |
| Common Stock, par value $0.01 per shareF4 | Oct 3, 2017 | S | 1,934 | $40.2166 | D | 21,962 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units - 2014F5,F6 | — | holding | — | — | — | — | — | Common Stock, par value $0.01 per share | 1,621 | 1,621 | D |
| Restricted Stock Units - 2015F5,F7 | — | holding | — | — | — | — | — | Common Stock, par value $0.01 per share | 1,950 | 1,950 | D |
| Restricted Stock Units - 2016F5,F8 | — | holding | — | — | — | — | — | Common Stock, par value $0.01 per share | 2,346 | 2,346 | D |
| Restricted Stock Units (2016 STI)F5,F9 | — | holding | — | — | — | — | — | Common Stock, par value $0.01 per share | 1,004 | 1,004 | D |
Explanation of responses
- F1The vesting and issuance of performance stock units granted in conjunction with the initial public offering in October 2014 and based on the achievement of pre-established performance objectives over a three-year performance period ended September 30, 2017.
- F2The vesting and issuance of performance stock units granted in October 2014 and based on the achievement of pre-established performance objectives over a three year period ended September 30, 2017.
- F3These shares were sold pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 to satisfy tax obligations on the vesting of performance stock unit awards.
- F4These shares were sold pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 to satisfy tax obligations on the vesting of restricted stock unit awards.
- F5Each restricted stock unit represents a contingent right to receive one share of the common stock, par value $0.01 per share, of Great Western Bancorp, Inc.
- F6The restricted stock units vest in three annual equal installments beginning on October 20, 2015. The restricted stock units have no expiration date.
- F7The restricted stock units vest in three annual equal installments beginning on December 4, 2016. The restricted stock units have no expiration date.
- F8The restricted stock units vest in three annual equal installments beginning on December 2, 2017. The restricted stock units have no expiration date.
- F9The restricted stock units vest on December 2, 2017. The restricted stock units have no expiration date.