SEC Form 4 · accession 0000726854-19-000041
CITY HOLDING CO · CHCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig G Stilwell
Officer — EVP Retail Banking
Period of report
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 11:38 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726854
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 28, 2019 | S | 2,431 | $79.6091 | D | 20,693 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | holding | — | — | — | — | — | Common Stock | 904 | 904 | D |
| Restricted Stock UnitF1,F3 | $0.00 | holding | — | — | — | — | — | Common Stock | 893 | 893 | D |
| Stock Option to BuyF4 | $44.43 | holding | — | — | — | Mar 26, 2019 | Mar 25, 2024 | Common Stock | 968 | 968 | D |
| Stock Option to BuyF5,F4 | $46.61 | holding | — | — | — | — | Feb 25, 2025 | Common Stock | 2,032 | 2,032 | D |
| Stock Option to BuyF6,F4 | $43.73 | holding | — | — | — | — | Feb 23, 2026 | Common Stock | 5,694 | 5,694 | D |
| Stock Option to BuyF7,F4 | $66.32 | holding | — | — | — | — | Feb 21, 2027 | Common Stock | 3,759 | 3,759 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2One-third of these restricted stock units are scheduled to vest on each of February 27, 2020; February 27, 2021; and February 27, 2022.
- F3One-third of these restricted stock units are scheduled to vest on each of February 28, 2019; February 28, 2020; and February 28, 2021.
- F4Options shares granted from City Holding Company's 2013 Incentive Plan are subject to both time-based and performance-based vesting.
- F5Options shares will vest as follows: 1,015 shares on 2/26/2019 and 1,017 shares on 2/26/2020.
- F6Options shares will vest as follows: 1,898 shares on each of 2/24/2019; 2/24/2020; and 2/24/2021.
- F7Options shares will vest as follows: 1,253 shares on each of 2/22/2020; 2/22/2021; and 2/22/2022.