SEC Form 4 · accession 0001746129-18-000015
Bank7 Corp. · BSVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Phillips
Officer — Sr EVP, COO, Secretary · Director · 10% Owner
Period of report
Sep 24, 2018
Accepted (ET)
Sep 26, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001746129
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,F2 | Sep 24, 2018 | S | 124,350 | $17.77 | D | 3,500,650 | I | By Trust |
| Common Stock, par value $0.01 per shareF1,F3 | Sep 24, 2018 | S | 124,350 | $17.77 | D | 3,376,300 | I | By Trust |
| Common Stock, par value $0.01 per shareF4,F5 | Sep 24, 2018 | P | 5,000 | $19.00 | A | 3,381,300 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF6 | $19.00 | Sep 24, 2018 | A | 20,000 | A | — | Sep 19, 2028 | Common Stock, par value $0.01 per share | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents shares of Common Stock sold to the underwriters in the initial public offering (the "IPO") of the Issuer, which closed on September 24, 2018. The price per share received by the reporting person is equal to the public offering price of $19.00 less the underwriting discount.
- F2John T. Phillips is the co-trustee of the Lisa K. Haines Financial Services Trust and has voting and dispositive power over the shares held by the Lisa K. Haines Financial Services Trust.
- F3John T. Phillips is the co-trustee of the Julee S. Lawrence Financial Services Trust and has voting and dispositive power over the shares held by the Julee S. Lawrence Financial Services Trust.
- F4Represents shares of Common Stock purchased through a directed share program in connection with the IPO. The shares of Common Stock were purchased at the initial public offering price of $19.00 per share. The shares are subject to a lock up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the IPO.
- F5As trustee.
- F6Represents grant of Employee Stock Options, which will vest in four equal installments on September 19, 2019, 2020, 2021 and 2022.