SEC Form 4 · accession 0000908834-17-000265

· HBNC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Nov 21, 2017

Accepted (ET)

Nov 22, 2017 · 1:06 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000706129

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Nov 21, 2017	M	3,598	$14.80	A	154,223	D
Common Stock	Nov 21, 2017	S	3,598	$27.19	D	150,625	D
Common Stock	Nov 21, 2017	M	9,006	$15.89	A	159,631	D
Common Stock	Nov 21, 2017	S	9,006	$27.19	D	150,625	D
Common Stock	Nov 21, 2017	M	6,836	$15.57	A	157,461	D
Common Stock	Nov 21, 2017	S	6,836	$27.19	D	150,625	D
Common Stock	holding	—	—		—	92,241	I	By ESOP
Common Stock	holding	—	—		—	25,403	I	By Thrift Plan

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	$14.80	Nov 21, 2017	M	3,598	D	—	Mar 18, 2024	Common Stock	3,598	0	D
Employee Stock Option (right to buy)^F2	$15.89	Nov 21, 2017	M	9,006	D	—	Mar 17, 2025	Common Stock	9,006	4,503	D
Employee Stock Option (right to buy)^F3	$15.57	Nov 21, 2017	M	6,836	D	—	Mar 15, 2026	Common Stock	6,836	13,745	D

F1The options vested in three equal annual installments beginning on the first anniversary of the 3/18/2014 date of grant.
F2The options vest in three equal annual installments beginning on the first anniversary of the 3/17/2015 date of grant.
F3The options vest in three equal annual installments beginning on the first anniversary of the 3/15/2016 date of grant.