4//SEC Filing
NEWBRIDGE BANCORP 4
Accession 0001127602-16-037472
CIK 0000714530operating
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 11:31 AM ET
Size
14.3 KB
Accession
0001127602-16-037472
Insider Transaction Report
Form 4
Budd William Wesley JR
EVP and Chief Credit Officer
Transactions
- Award
Class A Common Stock
2016-01-20+10,405→ 31,381 total - Tax Payment
Class A Common Stock
2016-01-20$12.18/sh−3,964$48,282→ 27,417 total
Holdings
- 5,350
Incentive Stock Option (Right to Buy)
Exercise: $13.64From: 2008-01-25Exp: 2017-01-25→ Class A Common Stock (5,350 underlying) - 10,000
Restricted Stock Units
From: 2018-01-01→ Class A Common Stock (10,000 underlying) - 3,465
Restricted Stock Units
From: 2016-01-01→ Class A Common Stock (3,465 underlying) - 7,093
Restricted Stock Units
From: 2017-01-01→ Class A Common Stock (7,093 underlying) - 1,155
Restricted Stock Units
From: 2016-01-01→ Class A Common Stock (1,155 underlying) - 1,463(indirect: By Trust)
Class A Common Stock
Footnotes (6)
- [F1]On 1/1/2016, 10,405 restricted stock units vested pursuant to their terms. On 1/20/2016, 6,441 shares of Class A Common Stock were issued to Mr. Budd. The balance (3,964 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: (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.
- [F4]No expiration date.
- [F5]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.
- [F6]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.
Documents
Issuer
NEWBRIDGE BANCORP
CIK 0000714530
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000714530
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 11:31 AM ET
- Size
- 14.3 KB