SEC Form 4 · accession 0001179110-17-004744
INTERNATIONAL BANCSHARES CORP · IBOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R David Guerra
Officer — VICE PRESIDENT · Director
Period of report
Mar 15, 2017
Accepted (ET)
Mar 16, 2017 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Mar 15, 2017 | M | 1,875 | $14.73 | A | 6,875 | D | |
| COMMON STOCK | Mar 15, 2017 | S | 2,500 | $37.469 | D | 4,375 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F1 | $14.73 | Mar 15, 2017 | M | 1,875 | D | Oct 7, 2012 | Oct 7, 2019 | COMMON STOCK | 1,875 | 0 | D |
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F1 | $14.73 | holding | — | — | — | — | Oct 7, 2019 | COMMON STOCK | 625 | 625 | D |
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F2 | $24.42 | holding | — | — | — | — | Feb 19, 2024 | COMMON STOCK | 4,250 | 4,250 | D |
Explanation of responses
- F1GRANTED 10/7/11 8 YEAR VESTING SCHEDULE 1ST YR 5%, 2ND YR 10%, 3RD YR 15%, 4TH YR 20%, 5TH YR 25%, 6TH YR 25%
- F2GRANTED 2/19/14 10 YEAR VESTING SCHEDULE 2ND YR 5%, 3RD YR 10%, 4TH YR 15%, 5TH YR 20%, 6TH YR 25%, 7TH YR 25%