SEC Form 4 · accession 0001218591-17-000002
SEVERN BANCORP INC · SVBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher A Chick
Officer — Chief Lending Officer
Period of report
Nov 22, 2016
Accepted (ET)
Feb 3, 2017 · 3:13 pm 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 | $6.80 | Nov 22, 2016 | A | 12,000 | A | — | Nov 22, 2022 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1THE OPTIONS VEST OVER A PERIOD OF 5 YEARS BEGINNING NOVEMBER 22, 2017.