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Filing Details

Accession Number:: 0001461755-17-000038
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-02-17 16:30:17
Reporting Period:: 2017-02-16

Filing Date:: 2017-02-17
Accepted Time:: 2017-02-17 16:30:17
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1461755	Atlantic Capital Bancshares Inc.	ACBI	State Commercial Banks (6022)	205728270

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1473187	D. Brian Jones	3280 Peachtree Road Ne, Suite 1600 Atlanta GA 30305		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2017-02-16	1,707,253	$0.00	955,078	No	4	J	Indirect	By BCP Fund I Southeast Holdings, LLC
Common Stock	Acquisiton	2017-02-16	1,707,253	$0.00	1,707,253	No	4	J	Indirect	By BankCap Partners Fund I, L.P.
Common Stock	Disposition	2017-02-16	1,707,253	$0.00	0	No	4	J	Indirect	By BankCap Partners Fund I, L.P.
Common Stock	Acquisiton	2017-02-16	16,472	$0.00	27,453	No	4	J	Indirect	By BankCap Partners GP, L.P.
Common Stock	Acquisiton	2017-02-16	350,000	$10.00	1,305,078	No	4	X	Indirect	By BCP Fund I Southeast Holdings, LLC
Common Stock	Disposition	2017-02-16	179,949	$19.45	1,125,129	No	4	S	Indirect	By BCP Fund I Southeast Holdings, LLC
Common Stock	Acquisiton	2017-02-16	5,000	$10.00	11,473	No	4	M	Direct
Common Stock	Disposition	2017-02-16	2,571	$19.45	8,902	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	By BCP Fund I Southeast Holdings, LLC
No	4	J	Indirect	By BankCap Partners Fund I, L.P.
No	4	J	Indirect	By BankCap Partners Fund I, L.P.
No	4	J	Indirect	By BankCap Partners GP, L.P.
No	4	X	Indirect	By BCP Fund I Southeast Holdings, LLC
No	4	S	Indirect	By BCP Fund I Southeast Holdings, LLC
No	4	M	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant (Right to Buy)	Disposition	2017-02-16	350,000	$0.00	350,000	$10.00
Common Stock	Stock Option (Right to Buy)	Disposition	2017-02-16	5,000	$0.00	5,000	$10.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-05-14	2017-05-14	No	4	X	Indirect
0	2007-05-14	2017-05-14	No	4	M	Direct

Footnotes

On February 16, 2017, BCP Fund I Southeast Holdings, LLC ("BCP Fund LLC") distributed, for no consideration, 1,707,253 shares of Common Stock of the issuer (the "Shares") to BankCap Partners Fund I, L.P. ("BankCap Partners Fund"), representing BankCap Partners Fund's interest in the Shares held by BCP Fund LLC, as the sole member of BCP Fund LLC (the "BCP Fund Distribution"). On the same date, BankCap Partners Fund distributed, for no consideration, the Shares it received from the BCP Fund Distribution to its partners in an amount equal to each such partner's pro rata interest in the Shares (the "Fund Distribution"). The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
The sole member of BCP Fund LLC is BankCap Partners Fund. The general partner of BankCap Partners Fund is BankCap Partners GP, L.P. ("BankCap Partners GP"). The general partner of BankCap Partners GP is BankCap Equity Fund, LLC ("BankCap LLC"). Brian D. Jones and Scott A. Reed are the managing members of BankCap LLC.
In connection with the Fund Distribution, BankCap Partners GP received 16,472 share of Common Stock of the issuer.
On February 16, 2017, BCP Fund LLC exercised a warrant to purchase 350,000 shares of Common Stock of the issuer for $10.00 per share. BCP Fund LLC paid the exercise price on a cashless basis, resulting in the issuer withholding 179,949 shares to pay the exercise price and issuing to BCP Fund LLC the remaining 170,051 shares. The issuer also paid $8.05 to BCP Fund LLC in lieu of a fractional share.
On February 16, 2017, Mr. Jones exercised stock options to purchase 5,000 shares of Common Stock of the issuer for $10.00 per share. Mr. Jones paid the exercise price on a cashless basis, resulting in the issuer withholding 2,571 shares to pay the exercise price and issuing to Mr. Jones the remaining 2,429 shares. The issuer also paid $5.95 to Mr. Jones in lieu of a fractional share.
The option became fully vested three years after the date of grant listed.