Home/Filings/4/0001127602-16-040816
4//SEC Filing

NEWBRIDGE BANCORP 4

Accession 0001127602-16-040816

CIK 0000714530operating

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 12:12 PM ET

Size

11.5 KB

Accession

0001127602-16-040816

Insider Transaction Report

Form 4
Period: 2016-02-11
Hager Robin Snipes
EVP & Chief Resources Officer
Transactions
  • Award

    Class A Common Stock

    2016-02-11+2,77216,777 total
  • Tax Payment

    Class A Common Stock

    2016-02-11$12.18/sh895$10,90115,882 total
Holdings
  • Class A Common Stock

    (indirect: By 401(k))
    10,591
  • Incentive Stock Option (Right to Buy)

    Exercise: $9.82From: 2009-01-22Exp: 2018-01-22Class A Common Stock (5,000 underlying)
    5,000
  • Restricted Stock Units

    From: 2017-01-01Class A Common Stock (7,093 underlying)
    7,093
  • Restricted Stock Units

    From: 2018-01-01Class A Common Stock (10,000 underlying)
    10,000
Footnotes (5)
  • [F1]On 1/1/2016, 2,772 restricted stock units vested pursuant to their terms. 1,848 restricted stock units did not vest due to two of the five performance metrics not being satisfied and were forfeited. On 2/11/2016, 1,877 shares of Class A Common Stock were issued to Ms. Hager. The balance (895 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 1/1/2017, 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.
  • [F4]No expiration date.
  • [F5]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.

Issuer

NEWBRIDGE BANCORP

CIK 0000714530

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0000714530

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 12:12 PM ET
Size
11.5 KB