SEC Form 4 · accession 0001140361-17-010676
HERITAGE OAKS BANCORP · HEOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Joseph Stronks
Officer — Executive Vice President
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 11:43 am 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 | 638 | $13.95 | A | 6,631 | D | |
| Common stockF4 | Mar 2, 2017 | D | 638 | $13.95 | D | 637 | I | Restricted stock |
| Common stockF5 | holding | — | — | — | 3,333 | 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 | 4,613 | 39,083 | D |
| Stock optionF2 | $7.01 | holding | — | — | — | Sep 2, 2015 | Sep 2, 2024 | Common stock | 8,364 | 34,470 | D |
| Stock optionF2 | $7.75 | holding | — | — | — | Mar 3, 2015 | Mar 3, 2024 | Common stock | 3,734 | 26,106 | D |
| Stock optionF2 | $6.65 | holding | — | — | — | Aug 1, 2014 | Aug 1, 2023 | Common stock | 4,263 | 22,372 | D |
| Stock optionF2 | $5.73 | holding | — | — | — | Sep 1, 2013 | Sep 1, 2022 | Common stock | 6,596 | 18,109 | D |
| Stock optionF3 | $3.10 | holding | — | — | — | Sep 1, 2011 | Sep 1, 2020 | Common stock | 11,513 | 11,513 | D |
Explanation of responses
- F1Vesting of restricted stock award. Taxes paid by executive.
- 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.
- 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.