SEC Form 4 · accession 0001140361-17-010487
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Schack
Officer — EVP / Chief Credit Officer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 3:07 pm EST
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 | Mar 2, 2017 | A | 484 | $13.95 | A | 7,792 | D | |
| Common stock | Mar 1, 2017 | A | 602 | $14.27 | A | 7,308 | D | |
| Common stockF6 | Mar 1, 2017 | D | 1,135 | $13.93 | D | 0 | I | Restricted stock |
| Common stockF4 | Mar 2, 2017 | D | 893 | $13.95 | D | 893 | I | Restricted stock |
| Common stockF3 | holding | — | — | — | 8,130 | I | Restricted stock | |
| Common stockF5 | holding | — | — | — | 6,666 | I | Restricted stock |
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 | 6,458 | 28,458 | D |
| Stock optionF2 | $7.01 | holding | — | — | — | Sep 2, 2015 | Sep 2, 2024 | Common stock | 8,364 | 22,000 | D |
| Stock optionF2 | $7.75 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2024 | Common stock | 4,384 | 13,636 | D |
| Stock optionF3 | $6.15 | holding | — | — | — | Jul 1, 2014 | Jul 1, 2023 | Common stock | 9,252 | 9,252 | D |
Explanation of responses
- F1Vesting of restricted stock award, less 409 shares sold to cover taxes.
- F2Vesting of restricted stock award, less 533 shares sold to cover taxes.
- F3Restricted stock award vests equally over three years, beginning on July 1, 2016.
- F4Restricted stock award vests equally over three years, beginning on March 2, 2016.
- F5Restricted stock award vests equally over three years, beginning on April 1, 2017.
- F6Restricted stock award vests equally over three years, beginning on March 1, 2015.