Edgar Filing: Brock Stanley M.

Ownership Submission

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

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Brock Stanley M.

2. Issuer Name and Ticker or Trading Symbol
ServisFirst Bancshares, Inc. [[N/A]]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)
Chairman of the Board

(Last)

(First)

(Middle)

P.O. BOX 11643

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2010

(Street)

BIRMINGHAM, AL 35202

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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.		SEC 1474 (9-02)

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 (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 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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

6.0% Preferred Securities of ServisFirst Capital Trust II ⁽¹⁾

$ 25

06/10/2010

200 ⁽²⁾

⁽³⁾

03/15/2013⁽⁴⁾

Common Stock

8,000 ⁽²⁾

$ 1,000 ⁽⁴⁾

600

6.0% Preferred Securities of ServisFirst Capital Trust II ⁽¹⁾

$ 25

06/10/2010

200 ⁽²⁾

⁽³⁾

03/15/2013⁽⁴⁾

Common Stock

8,000 ⁽²⁾

$ 1,000 ⁽⁴⁾

400

6.0% Preferred Securities of ServisFirst Capital Trust II ⁽¹⁾

$ 25

06/10/2010

200

⁽³⁾

03/15/2013⁽⁴⁾

Common Stock

8,000

$ 1,000 ⁽⁴⁾

200

By Stanley M. Brock, Jr. Trust ⁽⁵⁾

Common Stock Purchase Warrant

$ 25

06/10/2010

3,250

06/10/2010

⁽⁶⁾

Common Stock

3,250

$ 0

3,250

Common Stock Purchase Warrant

$ 25

06/10/2010

G⁽⁷⁾

3,250

06/10/2010

⁽⁶⁾

Common Stock

3,250

$ 0

Common Stock Purchase Warrant

$ 25

06/10/2010

G⁽⁷⁾

3,250

06/10/2010

⁽⁶⁾

Common Stock

3,250

$ 0

3,250

By Stanley M. Brock, Jr. Trust ⁽⁷⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Brock Stanley M. P.O. BOX 11643 BIRMINGHAM, AL 35202	X		Chairman of the Board

Signatures

/s/Matthew T. Franklin, Attorney-in-Fact		06/10/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The 6% Preferred Securities were issued by ServisFirst Capital Trust II, all of the common securities of which are owned by ServisFirst Bancshares, Inc. ("ServisFirst").
(2)	Mr. Brock sold 400 shares of the 6.0% Trust Preferred Securities at the same price at which Mr. Brock purchased the 6.0% Trust Preferred Securities. There is no profit from these transactions and no other purchase or sale within six months of those transactions. Therefore, there is no short-swing profit to be recovered under Section 16(b).
(3)	The 6% Preferred Securities are convertible, in whole or in part, at any time prior to the earliest to occur of maturity, issuer redemption or mandatory conversion, at the option of the holder, into ServisFirst Common Stock at a conversion price of $25 per share.
(4)	The 6% Preferred Securities not previously redeemed or converted into Common Stock of ServisFirst will automatically and mandatorily convert into ServisFirst Common Stock on March 15, 2013 at a conversion price of $25 per share. The 6% Preferred Securities are convertible, in whole or in part, at any time prior to the earliest to occur of maturity, issuer redemption or mandatory conversion, at the option of the holder, into ServisFirst Common Stock at a conversion price of $25 per share.
(5)	The 6% Preferred Securities are held in a trust for the benefit of Mr. Brock's son, Stanley M. Brock, Jr. Mr. Brock's spouse is the trustee of the trust. Mr. Brock disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or otherwise.
(6)	Common Stock Purchase Warrant may be exercised by the holder, in whole or in part, at any time, or from time to time, during the period commencing on June 10, 2010 and ending on the later of (i) September 1, 2013 or (ii) such date which is 60 days following the date that ServisFirst's Common Stock is listed for trading on a national exchange.
(7)	This transaction involved a gift of the Common Stock Purchase Warrant by Mr. Brock to a trust for the benefit of Mr. Brock's son, Stanley M. Brock, Jr. Mr. Brock's spouse is the trustee of the trust. Mr. Brock disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16 or otherwise.

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