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Ameris Bancorp — Director's Dealing 2015
Feb 17, 2015
31008_dirs_2015-02-17_aecdb2d3-a8a8-4225-8c6f-4dea12e2506a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ameris Bancorp (ABCB)
CIK: 0000351569
Period of Report: 2015-02-13
Reporting Person: Zember Dennis J JR (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-13 | Common | M | 12337 | $16.42 | Acquired | 150431.1404 | Direct |
| 2015-02-13 | Common | M | 5140 | $17.51 | Acquired | 155571.1404 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-13 | ABCB Incentive Stock Option Plan | $16.42 | M | 12337 | Disposed | 2015-02-15 | Common (12337) | Direct |
| 2015-02-13 | ABCB Incentive Stock Option Plan | $17.51 | M | 5140 | Disposed | 2015-06-28 | Common (5140) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2076 | Indirect |
Footnotes
F1: This option was previously reported as covering 10,000 shares at an exercise price of $20.26 per share, but was adjusted to reflect a stock split that occurred on March 31, 2005 and the stock dividends that were issued on October 10, 2009, January 10, 2010, April 9, 2010, and July 9, 2010.
F2: On June 28, 2005, the reporting person was granted an option to purchase 12,500 shares of common stock at an exercise price of $18.00. The option vests in five equal installments based on the achievement of certain annual performance benchmarks. The performance criteria for 2005 and 2006 were met, resulting in vesting of the option as to 5,000 shares, which number was adjusted to reflect the stock dividends that were issued on October 10, 2009, January 10, 2010, April 9, 2010, and July 9, 2010.