SEC Form 4 · accession 0000933590-16-000133
Your Community Bankshares, Inc. · YCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott P. Carr
Officer — SVP
Period of report
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 2:50 pm EDT
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 StockF1 | May 27, 2016 | J | 17 | $0.00 | A | 5,455 | D | |
| Common StockF1 | Aug 25, 2016 | J | 17 | $0.00 | A | 5,472 | D | |
| Common Stock | Sep 9, 2016 | M | 8,316 | $0.00 | A | 13,788 | D | |
| Common Stock | Sep 9, 2016 | F | 2,724 | $39.37 | D | 11,064 | D | |
| Common StockF2 | Sep 9, 2016 | D | 11,064 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUsF3,F4 | — | Sep 9, 2016 | M | 8,316 | D | Sep 9, 2016 | Sep 9, 2016 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1These shares were acquired through the Company's Dividend Reinvestment Plan.
- F2Disposition pursuant to merger agreement between Your Community Bankshares, Inc. ("YCB") and Wesbanco, Inc. ("WSBC"). In the merger, YCB shareholders received 0.964 WSBC common shares and $7.70 in cash for each outstanding YCB share.
- F3Each restricted stock unit represents a right to receive one share of Your Community Bankshares, Inc. common stock.
- F4The restricted stock units vested in full upon completion of the merger of YCB into Wesbanco.