4//SEC Filing
NEWBRIDGE BANCORP 4
Accession 0001127602-16-044042
CIK 0000714530operating
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 11:59 AM ET
Size
11.2 KB
Accession
0001127602-16-044042
Insider Transaction Report
Form 4
Broadhurst Spence H
SEVP and Chief Sales Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-03-01−10,000→ 0 total→ Class A Common Stock (10,000 underlying) - Disposition to Issuer
Class A Common Stock
2016-03-01−19,799→ 0 total - Disposition to Issuer
Class A Common Stock
2016-03-01−3,640→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Stock Units
2016-03-01−6,398→ 0 total→ Class A Common Stock (6,398 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger between Yadkin Financial Corporation ("Yadkin") and issuer, dated October 12, 2015 (the "Merger Agreement"), pursuant to which issuer was merged with and into Yadkin, effective March 1, 2016 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of issuer common stock was exchanged for 0.50 shares of Yadkin common stock. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
- [F2]Each restricted stock unit represents the contingent right to receive one share of issuer common stock upon vesting of the unit.
- [F3]These restricted stock units became fully vested at the effective time of the Merger and were converted into 5,000 restricted stock units of Yadkin common stock.
- [F4]These restricted stock units remained unvested at the effective time of the Merger and were converted into 3,199 restricted stock units of Yadkin common stock.
Documents
Issuer
NEWBRIDGE BANCORP
CIK 0000714530
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000714530
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 11:59 AM ET
- Size
- 11.2 KB