Sec Form 4/A Filing - Kennedy Bryan F. III @ Park Sterling Corp - 2016-11-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Kennedy Bryan F. III
2. Issuer Name and Ticker or Trading Symbol
Park Sterling Corp [ PSTB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President
(Last) (First) (Middle)
1043 EAST MOREHEAD STREET, SUITE 201
3. Date of Earliest Transaction (MM/DD/YY)
11/15/2016
(Street)
CHARLOTTE, NC28204
4. If Amendment, Date Original Filed (MM/DD/YY)
02/02/2017
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/14/2006 X 92,812 A $ 9.0909 246,992 ( 3 ) D
Common Stock 11/15/2016 S 92,812 D $ 9.5164 154,180 D
Common Stock 08/12/2010 M 20,000 A $ 6.5 174,180 D
Common Stock 11/28/2016 S 20,000 D $ 9.7607 154,180 D
Common Stock 2,750 I Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Employee Stock Option $ 9.0909 11/15/2016 X 92,812 ( 1 ) 12/14/2016 Common Stock 92,812 $ 0 0 D
Employee Stock Option $ 6.5 11/28/2016 M 20,000 ( 2 ) 08/12/2020 Common Stock 20,000 $ 0 206,380 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kennedy Bryan F. III
1043 EAST MOREHEAD STREET
SUITE 201
CHARLOTTE, NC28204
President
Signatures
/s/ Bryan F Kennedy, Drew Scroger Power of Attorney 02/02/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The stock options vested in three equal installments on December 14, 2007, 2008, and 2009.
( 2 )The stock options representing a right to purchase a total of 22,380 shares became exercisable in three equal installments beginning on August 12, 2011, 2012, and 2013.
( 3 )Includes shares inadvertently omitted from the balance of shares owned on the two prior form 4s and also not reflected on a subsequently filed Form 4.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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