Sr. EVP; COO; and Secretary Phillips John T exercised 20,000 shares at a strike of $19.00 and sold $482,210 worth of shares (13,200 units at $36.53), increasing direct ownership by 38% to 24,603 units (SEC Form 4)
$BSVN
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). | |||||||||||||||||
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Bank7 Corp. [ BSVN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/18/2024 | ||||||||||||||||||||||||||
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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 | 07/18/2024 | M | 11,943 | A | $19 | 29,746(3)(4)(5)(6)(7) | D | |||
| Common stock, par value $0.01 per share | 07/18/2024 | S | 11,943 | D | $36.532(1) | 17,803(3)(4)(5)(6)(7) | D | |||
| Common stock, par value $0.01 per share | 07/19/2024 | M | 8,057 | A | $19 | 25,860(3)(4)(5)(6)(7) | D | |||
| Common stock, par value $0.01 per share | 07/19/2024 | S | 1,257 | D | $36.5222(2) | 24,603(3)(4)(5)(6)(7) | D | |||
| Common stock, par value $0.01 per share | 215,225 | I(8) | By Trust | |||||||
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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 | ||||||||
| Employee Stock Options | $19 | 07/18/2024 | M | 11,943 | (9) | 09/19/2028 | Common Stock | 11,943 | $0 | 8,057 | D | ||||
| Employee Stock Options | $19 | 07/19/2024 | M | 8,057 | (9) | 09/19/2028 | Common Stock | 8,057 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $36.50 to $37.00. Upon request, the reporting person will provide the SEC, the company, or any stockholder full information regarding the number of shares sold at each price in the range. |
| 2. The price reported is a weighted average. The shares were sold in multiple transactions at prices ranging from $36.50 to $36.67. Upon request, the reporting person will provide the SEC, the company, or any stockholder full information regarding the number of shares sold at each price in the range. |
| 3. Includes 5,435 restricted stock units that vest in three equal installments on February 15, 2025, 2026, and 2027. |
| 4. Includes 4,698 restricted stock units. The original grant of 7,046 restricted stock units vests in three equal installments on February 15, 2024, 2025, and 2026. |
| 5. Includes 3,750 restricted stock units. The original grant of 7,500 restricted stock units vests in four equal installments on December 17, 2022, 2023, 2024, and 2025. |
| 6. Includes 1,250 restricted stock units. The original grant of 5,000 restricted stock units vests in four equal installments on January 4, 2022, 2023, 2024, and 2025. |
| 7. Includes 800 restricted stock units. The original grant of 4,000 restricted stock units vests in five equal installments on January 6, 2021, 2022, 2023, 2024, and 2025. |
| 8. Mr. Phillips is the sole trustee of the John T. Phillips Revocable Trust (the "Trust") and has voting and dispositive power over the shares held by the Trust. |
| 9. Represents a grant of 20,000 employee stock options that vested in four equal installments on September 20, 2019, 2020, 2021, and 2022. |
| Kelly Harris, Attorney-In-Fact | 07/22/2024 | |
| ** 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. | ||