SEC Form 4 · accession 0001140361-16-061481
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Osterbauer
Officer — Executive Vice President
Period of report
Apr 1, 2016
Accepted (ET)
Apr 19, 2016 · 11:55 am 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 | 5,000 | $7.80 | A | 28,181 | I | Restricted stock |
| Common stock | holding | — | — | — | 9,423 | 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 | $7.84 | holding | — | — | — | Mar 2, 2016 | Mar 2, 2025 | Common stock | 4,613 | 30,732 | D |
| Stock optionF2 | $7.75 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2024 | Common stock | 3,293 | 26,119 | D |
| Stock optionF2 | $6.65 | holding | — | — | — | Aug 1, 2014 | Aug 1, 2023 | Common stock | 9,948 | 22,826 | D |
| Stock optionF3 | $5.00 | holding | — | — | — | May 1, 2015 | May 1, 2025 | Common stock | 18,847 | 18,847 | 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.
- F3Options vest equally over a three year period beginning on the dated indicated.