SEC Form 4 · accession 0001218591-15-000026
SEVERN BANCORP INC · SVBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Lamon
Director
Period of report
Dec 22, 2015
Accepted (ET)
Dec 24, 2015 · 10:38 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000868271
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $5.75 | Dec 22, 2015 | A | 2,000 | A | — | Dec 22, 2021 | Common Stock | 2,000 | 2,000 | D |
Explanation of responses
- F1THE OPTIONS VEST OVER A PERIOD OF 5 YEARS BEGINNING DECEMBER 22, 2016.