SEC Form 4 · accession 0001062993-16-011833
CommunityOne Bancorp · COB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Beth S DeSimone
Officer — General Counsel
Period of report
Oct 19, 2016
Accepted (ET)
Oct 21, 2016 · 1:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764811
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option | $16.00 | Oct 19, 2016 | J | 5,765 | D | Oct 1, 2017 | Sep 30, 2024 | Common Stock | 5,765 | 67,959 | D |
| Option | $16.00 | Oct 19, 2016 | J | 5,765 | D | Oct 1, 2018 | Sep 30, 2024 | Common Stock | 5,765 | 62,194 | D |
| OptionF1 | $16.00 | Oct 19, 2016 | J | 11,530 | D | — | Sep 30, 2024 | Common Stock | 11,530 | 50,664 | D |
| Option | $16.00 | Oct 19, 2016 | J | 5,765 | D | Jul 31, 2017 | Jul 30, 2025 | Common Stock | 5,765 | 44,899 | D |
| Option | $16.00 | Oct 19, 2016 | J | 5,765 | D | Jul 31, 2018 | Jul 30, 2025 | Common Stock | 5,765 | 39,134 | D |
| Option | $16.00 | Oct 19, 2016 | J | 5,765 | D | Jul 31, 2019 | Jul 30, 2025 | Common Stock | 5,765 | 33,369 | D |
| OptionF2 | $16.00 | Oct 19, 2016 | J | 11,529 | D | — | Jul 30, 2025 | Common Stock | 11,529 | 21,840 | D |
Explanation of responses
- F1One 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, 10/1/2014.
- F25,765 and 5,764 of the options vest and are exercisable upon the Company's Common Stock reaching $22 and $24, respectively, over a ten day period within seven years of the grant date, 7/31/2015.
- F3Termination of unvested options pursuant to the terms of amendments to option agreements, dated October 3, 2016, of Ms. DeSimone.