First NBC Bank Holding Co 4
4 · First NBC Bank Holding Co · Filed Feb 24, 2016
Insider Transaction Report
Form 4
Verdigets Mary Beth
EVP/CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
COMMON STOCK
2016-02-22$10.00/sh+10,000$100,000→ 12,476 total - Tax Payment
COMMON STOCK
2016-02-22$24.80/sh−6,193$153,586→ 6,283 total - Exercise/Conversion
STOCK OPTIONS
2016-02-22−10,000→ 0 totalExercise: $10.00Exp: 2016-05-19→ Common Stock (10,000 underlying)
Holdings
- 535(indirect: BY ISSUER ESOP)
COMMON STOCK
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 3,807 shares of common stock on net exercise of options to purchase 10,000 shares of common stock. The reporting person surrendered 6,193 shares of common stock underlying the option in payment of the exercise price and satisfaction of withholding obligations, using a closing stock price on February 22, 2016 of $24.80 per share.
- [F2]Reflects shares allocated to the account of the reporting person pursuant to the issuer's Employee Stock Ownership Plan.
- [F3]Options vested in three equal annual installments beginning on May 19, 2007 and were fully exercisable.