SEC Form 4 · accession 0001144204-15-006391
CASCADE BANCORP · CACB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry E Zink
Officer — Pres/CEO · Director
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000865911
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options(right to buy)F1 | $4.79 | Feb 3, 2015 | A | 1,500,000 | A | — | Feb 3, 2025 | Common Stock | 1,500,000 | 1,500,000 | D |
Explanation of responses
- F1The stock options will vest as follows: fifty percent (50%) on February 3, 2018, twenty-five (25%) on February 3, 2019, and twenty-five (25%) on February 3, 2020.