SEC Form 4 · accession 0000933590-16-000134
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
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 2:57 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 | 10 | $0.00 | A | 21,396 | D | |
| Common StockF1 | Aug 25, 2016 | J | 11 | $0.00 | A | 21,406 | D | |
| Common Stock | Sep 9, 2016 | M | 12,398 | $0.00 | A | 33,804 | D | |
| Common Stock | Sep 9, 2016 | F | 5,317 | $39.37 | D | 28,487 | D | |
| Common StockF2 | Sep 9, 2016 | D | 28,487 | — | 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 | 12,398 | 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.