Filing Details
- Accession Number:
- 0001127602-16-068305
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-23 13:19:47
- Reporting Period:
- 2016-11-22
- Filing Date:
- 2016-11-23
- Accepted Time:
- 2016-11-23 13:19:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1053352 | Heritage Commerce Corp | HTBK | State Commercial Banks (6022) | 770469558 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1197257 | Iii M John Eggemeyer | Po Box 1329 Rancho Santa Fe CA 92067 | 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 | Disposition | 2016-11-22 | 739,137 | $12.14 | 3,702 | No | 4 | S | Indirect | Indirect By Partnership |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Indirect By Partnership |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Standard Employee Option - NSO | $5.16 | 2011-06-16 | 2021-06-16 | 4,000 | 4,000 | Indirect |
| Common Stock | Standard Employee Option - NSO | $6.39 | 2012-05-01 | 2022-05-01 | 4,000 | 4,000 | Indirect |
| Common Stock | Standard Employee Option - NSO | $6.57 | 2013-04-30 | 2023-04-30 | 4,000 | 4,000 | Indirect |
| Common Stock | Standard Employee Option - NSO | $8.07 | 2014-02-27 | 2024-02-27 | 4,000 | 4,000 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2021-06-16 | 4,000 | 4,000 | Indirect |
| 2022-05-01 | 4,000 | 4,000 | Indirect |
| 2023-04-30 | 4,000 | 4,000 | Indirect |
| 2024-02-27 | 4,000 | 4,000 | Indirect |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.1000 to $12.5800, inclusive. The reporting person undertakes to provide to Heritage Commerce Corp, any security holder of Heritage Commerce Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- The 3,702 shares of restricted stock subject to vesting granted to Castle Creek Advisors IV LLC ("Advisors IV") on behalf of Mr. Eggemeyer. Mr. Eggemeyer is a managing principal of Advisors IV. Accordingly, securities owned by Advisors IV may be regarded as being beneficially owned by Mr. Eggemeyer. Mr. Eggemeyer disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
- The securities are held by Castle Creek Capital Partners IV, LP ("Fund IV"). Castle Creek Capital IV LLC is the sole general partner of Fund IV. Accordingly, securities owned by Fund IV may be regarded as being beneficially owned by Castle Creek Capital IV LLC. John M. Eggemeyer is a Managing Principal of Castle Creek Capital IV LLC. Accordingly, securities owned or deemed to be owned by Castle Creek Capital IV LLC may be regarded as being beneficially owned by Mr. Eggemeyer. Mr. Eggemeyer disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
Billionaire Hedge Funds
