SEC Form 4 · accession 0001140361-15-034394
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Castle
Officer — Chief Financial Officer
Period of report
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 5:19 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 | Sep 1, 2015 | A | 3,334 | $7.50 | A | 9,609 | I | Restricted |
| Common Stock | holding | — | — | — | 1,797 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $7.50 | Sep 1, 2015 | A | 14,732 | A | Sep 1, 2016 | Sep 1, 2025 | Common Stock | 14,732 | 14,732 | D |
| Stock OptionF3 | $7.84 | holding | — | — | — | Mar 2, 2016 | Mar 2, 2025 | Common Stock | 6,919 | 6,919 | D |
| Stock OptionF3 | $7.01 | holding | — | — | — | Sep 2, 2015 | Sep 2, 2024 | Common Stock | 10,037 | 10,037 | D |
| Stock OptionF3 | $7.75 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2024 | Common Stock | 2,490 | 2,490 | D |
| Stock OptionF4 | $7.65 | holding | — | — | — | Feb 1, 2015 | Feb 1, 2024 | Common Stock | 10,082 | 10,082 | D |
Explanation of responses
- F1Restricted stock grant pursuant to 2015 Equity Incentive Plan. The shares are subject to forfeiture. The shares vest equally over a three year vesting schedule beginning September 1, 2016.
- F2Incentive stock options granted pursuant to 2015 Equity Incentive Plan. Options vest equally over a four year period beginning September 1, 2016.
- F3Options vest equally over a four year period.
- F4Options vest equally over a five year period.