NEWBRIDGE BANCORP 4
4 · NEWBRIDGE BANCORP · Filed Feb 26, 2016
Insider Transaction Report
Form 4
Budd William Wesley JR
EVP and Chief Credit Officer
Transactions
- Purchase
Class A Common Stock
2016-02-25$10.98/sh+191$2,097→ 1,654 total(indirect: By Trust)
Holdings
- 29,294
Class A Common Stock
- 7,093
Restricted Stock Units
From: 2017-01-01→ Class A Common Stock (7,093 underlying) - 10,000
Restricted Stock Units
From: 2018-01-01→ Class A Common Stock (10,000 underlying) - 5,350
Incentive Stock Option (Right to Buy)
Exercise: $13.64From: 2008-01-25Exp: 2017-01-25→ Class A Common Stock (5,350 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
- [F2]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.
- [F3]No expiration date.
- [F4]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.