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Ameris Bancorp — Director's Dealing 2017
May 8, 2017
31008_dirs_2017-05-08_e8398533-4f5d-4861-a811-566bfefdfecb.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: 2017-05-04
Reporting Person: HORTMAN EDWIN W JR (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-08 | Common Stock | M | 15421 | $7.46 | Acquired | 234664.082 | Direct |
| 2017-05-05 | Common Stock | S | 4615 | $47.0033 | Disposed | 219243.082 | Direct |
| 2017-05-04 | Common Stock | S | 9963 | $47.5412 | Disposed | 223858.082 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-08 | Common | $7.46 | M | 15421 | Acquired | 2019-01-31 | Common (15421) | Direct |
Footnotes
F1: On January 20, 2009, the reporting person was granted an option to purchase 15,000 shares of common stock at an exercise price of $7.46. The option vests in five equal installmants based on achievement of certain annual performance benchmarks. The performance criteria for 2010, 2011, 2012, 2013 and 2014 were met at 100%, resulting in the vesting of the option in the amount of 15,421 shares, which number was adjusted to reflect the stock dividends that were issued October, 10, 2009, January 10, 2010, April 10, 2010 and July 10, 2010.