SEC Form 4 · accession 0001209191-17-024102
People's Utah Bancorp · PUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blaine C. Gunther
Director
Period of report
Jul 1, 2016
Accepted (ET)
Apr 3, 2017 · 3:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636286
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 30, 2017 | G | 122,774 | $0.00 | A | 122,774 | I | Gunther Investments, L.C. |
| Common Shares | Mar 30, 2017 | G | 792,088 | $0.00 | D | 0 | I | Blaine Gunther Investments L.C. |
| Common Shares | Mar 30, 2017 | M | 3,604 | $11.10 | A | 69,920 | I | The Blaine C. Gunther Trust |
| Common Shares | Mar 30, 2017 | M | 4,329 | $16.53 | A | 78,365 | I | The Blaine C. Gunther Trust |
| Common Shares | Mar 30, 2017 | M | 4,116 | $17.00 | A | 74,036 | I | The Blaine C. Gunther Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Option (right to buy) | $11.10 | Mar 30, 2017 | M | 3,604 | D | Jul 1, 2015 | Jul 1, 2019 | Common Shares | 3,604 | 0 | D |
| Share Option (right to buy) | $17.00 | Mar 30, 2017 | M | 4,116 | D | Jul 1, 2016 | Jul 1, 2020 | Common Shares | 4,116 | 0 | D |
| Share Option (right to buy) | $16.53 | Mar 30, 2017 | M | 4,329 | D | Mar 19, 2017 | Jul 1, 2022 | Common Shares | 4,329 | 0 | D |
| Share Option (right to buy) | $16.53 | Jul 1, 2016 | A | 4,329 | A | Jul 1, 2017 | Jul 1, 2022 | Common Shares | 4,329 | 0 | D |
Explanation of responses
- F1The 792,088 common shares held by Blaine Gunther Investments LC were transferred to Gunther Investments, L.C., an entity in which Blaine Gunther and his spouse are members but do not have the ability to exercise any control. As a result, Mr. Gunther is only the beneficial owner of 122,774 common shares held through Gunther Investments, L.C.
- F2The common shares received upon exercise of the options by Blaine C. Gunther were transferred to The Blaine C. Gunther Trust. An additional 66,316 common shares were transferred from the Gunther Family Trust to The Blaine C. Gunther Trust.
- F3The Board of Directors approved early vesting of these shares to March 19, 2017.