SEC Form 4 · accession 0001140361-16-060336
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
gregory a gehlmann
Officer — SVP & Chief Bank Counsel
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 5:57 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 stock | Apr 1, 2016 | A | 2,500 | $7.80 | A | 4,154 | I | Restricted stock |
| Common stock | holding | — | — | — | 828 | 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 | $7.25 | holding | — | — | — | Dec 1, 2015 | Dec 1, 2024 | Common stock | 6,041 | 6,041 | 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 April 1, 2017.
- F2Options vest equally over a four year period beginning on the dated indicated.