SEC Form 4 · accession 0001209191-15-011651
INTERVEST BANCSHARES CORP · IBCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawton Swan III
Director
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 7:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000927807
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 10, 2015 | D | 75,000 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $17.10 | Feb 6, 2015 | D | 6,300 | D | — | Dec 13, 2017 | Common Stock | 6,300 | 0 | D |
| Stock Option (right to buy)F3 | $7.50 | Feb 6, 2015 | D | 6,300 | D | — | Dec 11, 2018 | Common Stock | 6,300 | 0 | D |
| Stock Option (right to buy)F4 | $4.02 | Feb 6, 2015 | D | 6,300 | D | — | Dec 10, 2019 | Common Stock | 6,300 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to merger agreement between Issuer and Bank of the Ozarks, Inc. in exchange for 22,605 shares of Ozarks common stock having a market value of $35.93 per share on the effective date of the merger.
- F2This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $0.47 per underlying share.
- F3This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $2.71 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).
- F4This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $6.19 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).