4//SEC Filing
CRESTVIEW PARTNERS II (FF) LP 4
Accession 0000950103-17-009053
CIK 0001479750other
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 4:02 PM ET
Size
43.5 KB
Accession
0000950103-17-009053
Insider Transaction Report
Form 4
CRESTVIEW PARTNERS II LP
Director10% Owner
Transactions
- Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes)
CRESTVIEW PARTNERS II (FF) LP
Director10% Owner
Transactions
- Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes)
CRESTVIEW PARTNERS II (TE) LP
Director10% Owner
Transactions
- Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes)
Crestview Offshore Holdings II (892 Cayman), L.P.
Director10% Owner
Transactions
- Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes)
Crestview Advisors, L.L.C.
Director
Transactions
- Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying)
Crestview Partners II GP, L.P.
Director10% Owner
Transactions
- Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes)
CRESTVIEW OFFSHORE HOLDINGS II (CAYMAN) LP
Director10% Owner
Transactions
- Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes)
CRESTVIEW OFFSHORE HOLDINGS II (FF CAYMAN) LP
Director10% Owner
Transactions
- Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes)
Crestview-NAFH, LLC
Director10% Owner
Transactions
- Sale
Class B Non-Voting Common Stock
2017-09-19$38.10/sh−540,632$20,598,079→ 6,532,326 total(indirect: See footnotes) - Exercise/Conversion
Class A Common Stock
2017-09-19$20.00/sh+25,000$500,000→ 2,596,260 total(indirect: See footnotes) - Exercise/Conversion
Stock Option
2017-09-19−25,000→ 0 total(indirect: See footnotes)Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2017-09-18$38.00/sh−10,270$390,260→ 2,573,490 total(indirect: See footnotes) - Sale
Class A Common Stock
2017-09-19$38.10/sh−2,230$84,963→ 2,571,260 total(indirect: See footnotes) - Sale
Class B Non-Voting Common Stock
2017-09-18$38.00/sh−2,489,730$94,609,740→ 7,072,958 total(indirect: See footnotes)
Footnotes (6)
- [F1]Reflects the sale by Crestview Advisors, L.L.C., of 10,270 shares of Class A Common Stock of the Issuer ("Class A Shares") on September 18, 2017 and 2,230 Class A Shares on September 19, 2017.
- [F2]Reflects the sale by Crestview-NAFH, LLC, of 2,489,730 shares of Class B Non-Voting Common Stock of the Issuer ("Class B Shares" and, together with Class A Shares, "Common Stock") on September 18, 2017 and 540,632 Class B Shares on September 19, 2017, in each case that were directly held Crestview-NAFH, LLC.
- [F3]Reflects the exercise of stock options to purchase 25,000 Class A Shares granted by the Issuer to Crestview Advisors, L.L.C. on March 16, 2011 in respect of service on the Issuer's Board of Directors by Richard M. DeMartini, a Managing Director of Crestview Advisors, L.L.C. The stock options previously vested in two equal installments on each of December 22, 2011 and December 22, 2012.
- [F4]Crestview-NAFH, LLC directly beneficially owns 2,558,760 Class A Shares and 6,532,326 Class B Shares. Each of Crestview Partners II GP, L.P., Crestview Partners II, L.P., Crestview Partners II (FF), L.P., Crestview Partners II (TE), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P. and Crestview Offshore Holdings II (892 Cayman), L.P. may be deemed to have beneficial ownership of the 9,091,086 shares of Common Stock directly owned by Crestview-NAFH, LLC. Crestview Advisors, L.L.C. directly beneficially owns 37,500 Class A Shares received in respect of service on the Issuer's board of directors by Mr. DeMartini.
- [F5]Crestview Partners II GP, L.P. is the general partner of each of Crestview Partners II, L.P., Crestview Partners II (FF), L.P., Crestview Partners II (TE), L.P., Crestview Offshore Holdings II (Cayman), L.P., Crestview Offshore Holdings II (FF Cayman), L.P. and Crestview Offshore Holdings II (892 Cayman), L.P. (collectively, the "Crestview Funds"). Each of the Crestview Funds is a member of Crestview-NAFH, LLC. Crestview Advisors, L.L.C. provides investment advisory and management services to the Crestview Funds.
- [F6]Each reporting person disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
Issuer
Capital Bank Financial Corp.
CIK 0001479750
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001419862
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 4:02 PM ET
- Size
- 43.5 KB