SEC Form 4 · accession 0001209191-17-051869
People's Utah Bancorp · PUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jr. Fred W. Fairclough
Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 7, 2017 · 4:08 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 SharesF1 | Sep 6, 2017 | S | 1,700 | $27.256 | D | 41,260 | D | |
| Common Shares | Sep 7, 2017 | M | 44,000 | $4.85 | A | 85,260 | D | |
| Common Shares | Sep 7, 2017 | M | 4,116 | $17.00 | A | 89,376 | D |
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) | $4.85 | Sep 7, 2017 | M | 44,000 | D | Jan 1, 2010 | Jan 1, 2020 | Common Shares | 44,000 | 0 | D |
| Share Option (right to buy) | $17.00 | Sep 4, 2017 | M | 4,116 | D | Jul 1, 2016 | Jul 1, 2020 | Common Shares | 4,116 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.20 to $27.35. The reporting person undertakes to provide People's Utah Bancorp, any security holder of People's Utah Bancorp, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.