SEC Form 4 · accession 0001665103-16-000009
Ameris Bancorp · ABCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawton E Bassett III
Officer — EVP & Chief Banking Officer
Period of report
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 3:18 pm EDT
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 | Apr 28, 2016 | M | 823 | $20.18 | A | 34,219 | D | |
| Common Stock | holding | — | — | — | 168 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ABCB Incentive Stock OptionF1 | $20.18 | Apr 28, 2016 | M | 823 | A | May 16, 2011 | May 16, 2016 | Common | 823 | 0 | D |
Explanation of responses
- F1On May 16, 2006, the reporting person was granted an option to purchase 4,000 shares of common stock at an exercise price of $20.76. The options vested in five equal installments based on the achievement of certain annual performance benchmarks. The performance criteria for 2007 was met, however, years 2008, 2009, 2010 and 2011 were not met. The number of options outstanding and the exercise price were adjusted to reflect the stock dividends that were issued on October 10, 2009, January 10, 2010, April 10, 2010 and July 10, 2010.