Home/Filings/4/0001127602-15-007341
4//SEC Filing

NEWBRIDGE BANCORP 4

Accession 0001127602-15-007341

CIK 0000714530operating

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 3:04 PM ET

Size

21.3 KB

Accession

0001127602-15-007341

Insider Transaction Report

Form 4
Period: 2015-01-30
Barksdale David Perry
EVP & Chief Banking Officer
Transactions
  • Award

    Class A Common Stock

    2015-02-19+5,78412,670 total
  • Tax Payment

    Class A Common Stock

    2015-02-19$8.71/sh2,767$24,1019,903 total
  • Tax Payment

    Restricted Stock Units

    2015-01-304,3380 total
    From: 2016-01-01Class A Common Stock (4,338 underlying)
  • Tax Payment

    Restricted Stock Units

    2015-01-306,9300 total
    From: 2016-01-01Class A Common Stock (6,930 underlying)
  • Tax Payment

    Restricted Stock Units

    2015-01-307,0930 total
    From: 2017-01-01Class A Common Stock (7,093 underlying)
  • Tax Payment

    Restricted Stock Units

    2015-01-301,4460 total
    From: 2016-01-01Class A Common Stock (1,446 underlying)
  • Tax Payment

    Restricted Stock Units

    2015-01-302,3100 total
    From: 2016-01-01Class A Common Stock (2,310 underlying)
Holdings
  • Class A Common Stock

    (indirect: By 401(k))
    248
  • Incentive Stock Option (Right to Buy)

    Exercise: $17.65From: 2006-12-20Exp: 2015-04-30Class A Common Stock (3,000 underlying)
    3,000
  • Incentive Stock Option (Right to Buy)

    Exercise: $17.10From: 2007-12-11Exp: 2015-04-30Class A Common Stock (3,000 underlying)
    3,000
Footnotes (7)
  • [F1]On 1/1/2015, 5,784 restricted stock units vested pursuant to their terms. On 2/19/2015, 3,017 shares of Class A Common Stock were issued to Mr. Barksdale. The balance (2,767 shares) were withheld to satisfy certain tax withholding obligations related to the vesting of the restricted stock units.
  • [F2]Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
  • [F3]Mr. Barksdale resigned effective January 30, 2015, and as a consequence the outstanding awards were forfeited in accordance with their terms
  • [F4]The restricted stock units vest as follows: 100% on 1/1/2016 subject to the recipient's continued employment through the vesting date.
  • [F5]No expiration date.
  • [F6]The restricted stock units vest as follows: (i) up to 50% on 1/1/2016, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2016 and in each case subject to the recipient's continued employment through the applicable vesting date.
  • [F7]The restricted stock units vest as follows: (i) up to 50% on 1/1/2017, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2017 and in each case subject to the recipient's continued employment through the applicable vesting date.

Issuer

NEWBRIDGE BANCORP

CIK 0000714530

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0000714530

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 3:04 PM ET
Size
21.3 KB