Filing Details

Accession Number:
0001329799-14-000068
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-26 14:02:44
Reporting Period:
2014-11-24
Filing Date:
2014-11-26
Accepted Time:
2014-11-26 14:02:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1329799 Square 1 Financial Inc SQBK State Commercial Banks (6022) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1603622 E Judith Erwin 406 Blackwell Street
Suite 240
Durham NC 27701
Evp-Venture Capital Services No Yes 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
Class A Common Stock Disposition 2014-11-24 2,354 $21.66 43,760 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 8,000 Indirect Restricted Stock IV
Class A Common Stock 10,850 Indirect By IRA
Class A Common Stock 2,035 Indirect Restricted Stock VI
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Stock Option (Right to Buy) $6.00 2017-08-02 36,240 36,240 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-08-02 36,240 36,240 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.65 to $21.70 inclusive. The reporting person undertakes to provide to Square 1 Financial, Inc., any security holder of Square 1 Financial, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
  2. Restricted stock vests in three equal annual installments, beginning on November 15, 2014, the first anniversary of the date of the award.
  3. Restricted stock vests in two equal annual installments, beginning on March 1, 2015.
  4. Stock options vest in five equal annual installments, beginning on August 2, 2011, the first anniversary of the date of the grant.