SEC Form 4 · accession 0001140361-15-030049
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Lynch
Director · 10% Owner
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 6:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1,F2 | Aug 3, 2015 | A | 2,646 | $8.03 | A | 3,718,924 | I | FBO Patriot Financial Partners, LP |
| Common stockF1,F2 | Aug 3, 2015 | A | 467 | $8.03 | A | 3,716,278 | I | FBO Patriot Financial Partners Parallel LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option | $3.10 | holding | — | — | — | Sep 1, 2010 | Sep 1, 2020 | Common stock | 6,395 | 6,395 | I |
| Stock option | $3.10 | holding | — | — | — | Sep 1, 2010 | Sep 1, 2020 | Common stock | 1,105 | 1,105 | I |
Explanation of responses
- F1Restricted shares granted pursuant to the Company's 2015 Equity Incentive Plan. The shares vest 100% one year from the grant date. The shares are subject to forfeiture.
- F2Patriot Financial Partners, G.P., L.P. ("Patriot GP") is a general partner of Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. (together, the "Funds). Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP. Patriot Financial Partners GP, LLC ("Patriot LLC") is the general partner of Patriot GP. Accordingly, securities owned or deemed to be owned by Patriot GP may be regarded as being beneficially owned by Patriot LLC. Mr. Lynch is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Mr. Lynch disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.