SEC Form 4 · accession 0001062993-15-004156
CommunityOne Bancorp · COB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry R Licari
Director
Period of report
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 3:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 31, 2015 | A | 144 | $10.97 | A | 30,285 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $16.00 | Oct 1, 2014 | A | 1,318 | A | — | Sep 30, 2024 | Common Stock | 1,318 | 1,318 | D |
| OptionF3 | $16.00 | Oct 1, 2014 | A | 659 | A | — | Sep 30, 2024 | Common stock | 659 | 1,977 | D |
| OptionF2 | $16.00 | Jul 31, 2015 | A | 1,318 | A | — | Jul 30, 2025 | Common stock | 1,318 | 3,295 | D |
| OptionF3 | $16.00 | Jul 31, 2015 | A | 659 | A | — | Jul 30, 2025 | Common stock | 659 | 3,954 | D |
Explanation of responses
- F1One quarter of the options vest and are exercisable beginning on each anniversary of the grant date, commencing October 1, 2015, until the grants are fully vested.
- F2One quarter of the options vest and are exercisable beginning on each anniversary of the grant date, commencing July 31, 2016, until the grants are fully vested.
- F3One half of the options vest and are exercisable upon the Company's Common Stock reaching each of $22 and $24 over a ten day period within seven years of the grant date, respectively.