SEC Form 4 · accession 0000933590-16-000105
Your Community Bankshares, Inc. · YCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Cecil
Officer — EVP
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933590
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Jan 19, 2016 | A | 515 | $0.00 | A | 15,189 | D | |
| common stock | Jan 19, 2016 | F | 163 | $33.52 | A | 15,026 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitsF1,F2 | $0.00 | Jan 19, 2016 | A | 1,031 | A | Jan 19, 2017 | — | common stock | 1,031 | 1,031 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of Your Community Bankshares, Inc. common stock.
- F2The restricted units are subject to a vesting schedule of 515 shares vesting immediately, 515 shares vesting 1/19/17 and 516 shares vesting 1/19/18.