Lyerly Elaine M 4/A
4/A · BNC BANCORP · Filed Jan 30, 2013
Insider Transaction Report
Form 4/AAmended
BNC BANCORPBNCN
Lyerly Elaine M
Director
Transactions
- Award
Common Stock
2013-01-24+2,340→ 2,340 total(indirect: as custodian for son) - Award
common Stock
2013-01-24+37,709→ 37,709 total
Footnotes (3)
- [F1]Represents shares of common stock of BNC Bancorp (the "Issuer") received in exchange for 38,480 shares of common stock of First Trust Bank ("First Trust") pursuant to the merger of First Trust with and into the Issuer (the "Merger").
- [F2]Represents shares of Issuer common stock received in exchange for 2,389 shares of First Trust common stock pursuant to the Merger.
- [F3]The exchange ratio in the Merger was 0.98 shares of Issuer common stock for each share of First Trust common stock, with fractional shares paid in cash, subject to proration and allocation limitations. The proration and allocation calculations provided for in the Agreement and Plan of Merger, dated as of June 4, 2012, between First Trust and the Issuer(the"Merger Agreement") had not been completed as of the date of the original report. This amendment is being filed to report the number of shares of Issuer common stock received as merger consideration.