SEC Form 4 · accession 0001239878-18-000007
Ameris Bancorp · ABCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin W Hortman Jr.
Officer — Exec. Chairmain, President&CEO · Director
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 2:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351569
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 16, 2018 | M | 25,701 | $14.76 | A | 253,987 | D | |
| Common StockF1 | Feb 20, 2018 | A | 12,974 | $0.00 | A | 266,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $14.76 | Feb 16, 2018 | M | 25,701 | D | Feb 19, 2011 | Feb 19, 2018 | Common Stock | 25,701 | 0 | D |
Explanation of responses
- F1Restricted stock grant pursuant to the Ameris Bancorp 2014 Omnibus Equity Compensation Plan, vesting on February 20, 2021, with 1/2 of the issued number of shares vesting subject to achievement of three-year performance condition.
- F2On February 19, 2008, the reporting person was granted an option to purchase 25,000 shares of common stock at an exercise price of $14.76. The option vested over a three-year period beginning on the award anniversary date. The number of shares issuable upon exercise has been adjusted to reflect vested stock dividends that were issued October 10, 2009, January 10, 2010, April 10, 2010 and July 10, 2010.