Filing Details

Accession Number:
0001179110-13-013259
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-16 18:07:11
Reporting Period:
2013-08-14
Filing Date:
2013-08-16
Accepted Time:
2013-08-16 18:07:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1357231 Solera National Bancorp Inc. OTCQB:SLRK National Commercial Banks (6021) 752204006
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1429847 R. Norma Akers 319 S. Sheridan Blvd.
Lakewood CO 80226
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.01 Par Value Disposition 2013-08-14 2,500 $7.75 16,000 No 4 S Direct
Common Stock, $.01 Par Value Disposition 2013-08-14 1,000 $7.75 15,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $.01 Par Value Stock Option (Right to Buy) Disposition 2013-08-14 2,500 $0.00 2,500 $4.47
Common Stock, $.01 Par Value Stock Option (Right to Buy) Disposition 2013-08-14 1,000 $0.00 1,000 $3.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,500 2020-08-20 No 4 X Direct
2,000 2022-02-16 No 4 X Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $.01 Par Value 2,500 Indirect By Son
Common Stock, $.01 Par Value 2,500 Indirect By Son
Footnotes
  1. 5,000 Stock Options were granted to the Reporting Person on August 20, 2010 which vested over 12 equal monthly installments beginning September 20, 2010. On August 14, 2013, 2,500 Stock Options were exercised and the 2,500 shares of Common Stock issued was simultaneously sold at $7.75 per share. As a result, 2,500 fully-vested Stock Options are still held by the Reporting Person exercisable at $4.47 per share.
  2. 3,000 Stock Options were granted to the Reporting Person on February 16, 2012 which are vesting over 48 equal monthly installments beginning March 16, 2012. On August 14, 2013, 1,000 Stock Options were exercised and the 1,000 shares of Common Stock issued was simultaneously sold at $7.75 per share. As a result, 2,000 Stock Options are still held by the Reporting Person exercisable at $3.30 per share.