NEWBRIDGE BANCORP 4
4 · NEWBRIDGE BANCORP · Filed Feb 20, 2015
Insider Transaction Report
Form 4
Cobb Richard Monroe
SVP, CAO, & Controller
Transactions
- Award
Class A Common Stock
2015-02-19+2,631→ 14,631 total - Tax Payment
Class A Common Stock
2015-02-19$8.71/sh−1,031$8,980→ 13,600 total
Holdings
- 2,632
Restricted Stock Units
From: 2016-01-01→ Class A Common Stock (2,632 underlying) - 31,098(indirect: By 401(k))
Class A Common Stock
- 9,000(indirect: By IRA)
Class A Common Stock
- 3,000
Incentive Stock Option (Right to Buy)
Exercise: $9.82From: 2009-01-22Exp: 2018-01-22→ Class A Common Stock (3,000 underlying) - 4,316
Restricted Stock Units
From: 2016-01-01→ Class A Common Stock (4,316 underlying) - 3,077
Restricted Stock Units
From: 2017-01-01→ Class A Common Stock (3,077 underlying) - 2,731
Restricted Stock Units
From: 2018-01-01→ Class A Common Stock (2,731 underlying)
Footnotes (7)
- [F1]On 1/1/2015, 2,631 restricted stock units vested pursuant to their terms. On 2/19/2015, 1,600 shares of Class A Common Stock were issued to Mr. Cobb. The balance (1,031 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]The restricted stock units vest as follows: 100% on 1/1/2016 subject to the recipient's continued employment through the vesting date.
- [F4]No expiration date.
- [F5]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.
- [F6]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.
- [F7]The restricted stock units vest as follows: (i) up to 50% on 1/1/2018, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2018 and in each case subject to the recipient's continued employment through the applicable vesting date. RemoveClose