SEC Form 4 · accession 0001140361-16-062968
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
May 2, 2016
Accepted (ET)
May 3, 2016 · 2:48 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 | May 2, 2016 | D | 10,000 | $8.34 | D | 18,181 | I | Restricted stock |
| Common stock | May 2, 2016 | A | 6,079 | $8.34 | A | 15,502 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionF3 | $7.84 | holding | — | — | — | Mar 2, 2016 | Mar 2, 2025 | Common stock | 4,613 | 30,732 | D |
| Stock optionF3 | $7.75 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2024 | Common stock | 3,293 | 26,119 | D |
| Stock optionF3 | $6.65 | holding | — | — | — | Aug 1, 2014 | Aug 1, 2023 | Common stock | 9,948 | 22,826 | D |
| Stock optionF4 | $5.00 | holding | — | — | — | May 1, 2015 | May 1, 2025 | Common stock | 18,847 | 18,847 | D |
Explanation of responses
- F1Vesting of restricted stock award
- F2Vesting of restricted stock award, less 3,921 shares sold to cover taxes.
- F3Options vest equally over a four year term beginning in the date indicated.
- F4Options vest equally over a three year term beginning on the date indicated.