SEC Form 4 · accession 0001568214-17-000031
ConnectOne Bancorp, Inc. · CNOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Sorrentino III
Officer — Chairman, President & CEO · Director
Period of report
Dec 14, 2017
Accepted (ET)
Dec 19, 2017 · 2:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712771
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 14, 2017 | S | 5,848 | $26.4909 | D | 560,562 | D | |
| Common Stock | Dec 15, 2017 | M | 10,871 | $6.15 | A | 571,433 | D | |
| Common Stock | Dec 19, 2017 | M | 11,721 | $6.15 | A | 583,154 | 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 | $6.15 | Dec 15, 2017 | M | 10,871 | D | Jul 1, 2014 | Jan 22, 2018 | Common Stock | 10,871 | 0 | D |
| Stock Option | $6.15 | Dec 19, 2017 | M | 11,721 | D | Jul 1, 2014 | Jan 11, 2018 | Common Stock | 11,721 | 0 | D |
Explanation of responses
- F1The proceeds of the sale reported on this Form 4 were used by Mr. Sorrentino to fund the exercise of the stock options and to satisfy estimated personal income tax obligations with respect to such stock option exercise.