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HEOP Heritage Oaks Bancorp

13.35
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Heritage Oaks Bancorp NASDAQ:HEOP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.35 13.29 14.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

03/03/2017 8:08pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHACK WILLIAM A
2. Issuer Name and Ticker or Trading Symbol

HERITAGE OAKS BANCORP [ HEOP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP / Chief Credit Officer
(Last)          (First)          (Middle)

1222 VINE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

3/1/2017
(Street)

PASO ROBLES, CA 93446
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock   3/2/2017     A (1)    484   A $13.95   7792   D    
Common stock   3/1/2017     A (2)    602   A $14.27   7308   D    
Common stock   (6) 3/1/2017     D (2)    1135   D $13.93   0   I   Restricted stock  
Common stock   (4) 3/2/2017     D (1)    893   D $13.95   893   I   Restricted stock  
Common stock   (3)                8130   I   Restricted stock  
Common stock   (5)                6666   I   Restricted stock  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option   $7.84                    3/2/2016   (2) 3/2/2025   Common stock   6458     28458   D    
Stock option   $7.01                    9/2/2015   (2) 9/2/2024   Common stock   8364     22000   D    
Stock option   $7.75                    3/3/2015   (2) 3/3/2024   Common stock   4384     13636   D    
Stock option   $6.15                    7/1/2014   (3) 7/1/2023   Common stock   9252     9252   D    

Explanation of Responses:
( 1)  Vesting of restricted stock award, less 409 shares sold to cover taxes.
( 2)  Vesting of restricted stock award, less 533 shares sold to cover taxes.
( 3)  Restricted stock award vests equally over three years, beginning on July 1, 2016.
( 4)  Restricted stock award vests equally over three years, beginning on March 2, 2016.
( 5)  Restricted stock award vests equally over three years, beginning on April 1, 2017.
( 6)  Restricted stock award vests equally over three years, beginning on March 1, 2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCHACK WILLIAM A
1222 VINE STREET
PASO ROBLES, CA 93446


EVP / Chief Credit Officer

Signatures
Bryon Layes Attorney-in-fact for William A. Schack 3/3/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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