SEC Form 4/A · accession 0001318321-18-000008
Ameris Bancorp · ABCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Dennis J Zember Jr.
Officer — Bank CEO
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 11:48 am 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 13, 2018 | M | 7,709 | $14.76 | A | 163,772 | D | |
| Common Stock | Feb 13, 2018 | M | 15,421 | $7.46 | D | 171,484 | D | |
| Common Stock | holding | — | — | — | 2,076 | I | Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1 | $14.76 | Feb 13, 2018 | M | 7,709 | A | Feb 13, 2018 | Feb 19, 2018 | Common | 7,709 | 0 | D |
| Common StockF2 | $7.46 | Feb 13, 2018 | M | 15,421 | A | Feb 13, 2018 | Jan 20, 2019 | Common | 15,421 | 0 | D |
Explanation of responses
- F1On February 19, 2008, the reporting person was granted an option to purchase 7,500 shares of common stock at an exercise price of $14.76. The option cliff vests over a three year period beginning on the award anniversary date, at 100% at three years, resulting in vesting of the option in the amount of 7,709 shares, which number was adjusted to reflect the stock dividends that were issued October 10, 2009, January 10, 2010, April 10, 2010 and July 10, 2010.
- F2On January 20, 2009, the reporting person was granted an option to purchase 15,000 shares of common stock at an exercise price of $7.46. The option vests in five equal installments of 20% per year on the anniversary date of issuance over a five year period, resulting in vesting of the option in the amount of 15,421 shares, which number was adjusted to reflect the stock dividends that were issued October 10, 2009, January 10, 2010, April 10, 2010 and July 10, 2010.