SEC Form 4: Yose Stephen W. was granted 18,100 shares, converted options into 14,827 shares and covered exercise/tax liability with 10,269 shares, increasing direct ownership by 282% to 30,679 units to satisfy withholding tax
$GWB
Major Banks
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Great Western Bancorp, Inc. [ GWB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/01/2022 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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, par value $0.01 per share | 02/01/2022(1) | M | 5,601 | A | $0 | 13,622 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(2) | M | 3,622 | A | $0 | 17,244 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(3) | M | 5,604 | A | $0 | 22,848 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(4) | F | 4,774 | D | $0 | 18,074 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(5) | A | 11,201 | A | $0 | 29,275 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(6) | A | 6,899 | A | $0 | 36,174 | D | |||
| Common Stock, par value $0.01 per share | 02/01/2022(7) | F | 5,495 | D | $0 | 30,679 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
| Restricted Stock Units | (8) | 02/01/2022 | M | 5,601 | (1) | (1) | Common Stock, par value $0.01 per share | 5,601 | $0 | 0 | D | ||||
| Restricted Stock Units - 2020 | (8) | 02/01/2022 | M | 3,622 | (2) | (2) | Common Stock, par value $0.01 per share | 3,622 | $0 | 0 | D | ||||
| Restricted Stock Units - 2021 | (8) | 02/01/2022 | M | 5,604 | (3) | (3) | Common Stock, par value $0.01 per share | 5,604 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. The restricted stock units vest in two annual equal installments beginning on May 11, 2021. The vesting of the restricted stock units accelerated upon change in control. |
| 2. The restricted stock units vest in three equal installments beginning on November 27, 2021. The vesting of the restricted stock units accelerated upon change in control. |
| 3. The restricted stock units vest in three annual equal installments beginning on November 26, 2022. The vesting of the restricted stock units accelerated upon change in control. |
| 4. The units representing these shares were surrendered to satisfy tax withholding obligations on the accelerated vesting of restricted stock unit awards upon change in control. |
| 5. The accelerated vesting and issuance of performance stock units granted in November 2019 based on pre-established performance objectives which vested upon change in control at target. |
| 6. The accelerated vesting and issuance of performance stock units granted in November 2020 based on pre-established performance objectives which vested upon change in control at the higher of actual or target. |
| 7. The units representing these shares were surrendered to satisfy tax withholding obligations on the accelerated vesting of performance stock unit awards upon change in control. |
| 8. Each restricted stock unit represents a contingent right to receive one share of the common stock, par value $0.01 per share, of Great Western Bancorp, Inc. |
| Remarks: |
| Donald J. Straka, as attorney-in-fact for Stephen W. Yose | 02/03/2022 | |
| ** 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 Number. | ||