SEC Form 4 · accession 0001218591-18-000011
SEVERN BANCORP INC · SVBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Hyatt
Officer — President, CEO · Director · 10% Owner
Period of report
Dec 29, 2017
Accepted (ET)
Feb 7, 2018 · 1:42 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 | $7.81 | Dec 29, 2017 | A | 20,000 | A | — | Dec 19, 2023 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1OPTIONS VEST OVER A PERIOD OF 5 YEARS BEGINNING DECEMBER 19, 2018