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Ameris Bancorp — Director's Dealing 2017
May 4, 2017
31008_dirs_2017-05-04_15c4cf75-91bb-459e-a189-a969b23f9b01.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: 2017-05-01
Reporting Person: EDWARDS JON S (EVP & Chief Credit Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-01 | Common Stock | M | 7894 | $22.23 | Acquired | 58650.5593 | Direct |
| 2017-05-01 | Common Stock | M | 5139 | $14.76 | Acquired | 63789.5593 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | ABCB Incentive Stock Option | $22.23 | M | 7894 | Acquired | 2017-06-13 | Common (7894) | Direct |
| 2017-05-01 | ABCB Incentive Stock Option | $14.76 | M | 5139 | Acquired | 2018-02-19 | Common (5139) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12 | Indirect |
Footnotes
F1: This total includes 19.75157 shares acquired by the reporting person as a participant in an employee stock purchase dividend reinvestment plan.
F2: On June 13, 2007, the reporting person was granted an option to purchase 8,000 shares of common stock at an exercise price of $22.23. The option vests in five equal installments based on the achievement of certain annual perfomance benchmarks. The performance criteria for 2008, 2010, 2011 and 2012 were met at 100% and the performance criteria for 2009 was met at 80% of target, resulting in vesting of the option in the amount of 7,894 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.
F3: On February 19, 2008, the reporting person was granted an option to purchase 5,000 shares of common stock at an exercise price of $14.76. The option cliff vests over a three year period beginning on award anniversary date at 100%, resulting in vesting of the option in the amount of 5,139 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.