Posner Kenneth A. 4
4 · Capital Bank Financial Corp. · Filed Apr 26, 2013
Insider Transaction Report
Form 4
Posner Kenneth A.
See Remarks
Transactions
- Purchase
Class A Common Stock, par value $0.01 per share
2013-04-24$17.05/sh+2,500$42,615→ 37,500 total
Holdings
- 139,522
Common Stock Option (right to buy)
Exercise: $20.00Exp: 2022-01-12→ Class A Common Stock, par value $0.01 per share (139,522 underlying) - 101,637
Restricted Common Stock
- 78,194
Common Stock Option (right to buy)
Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock, par value $0.01 per share (78,194 underlying)
Footnotes (4)
- [F1]Includes 600 shares purchased at $17.00, 1000 shares purchsed at $17.04, 500 shares purchased at $17.085 and 400 shares purchased at $17.08.
- [F2]Shares of restricted common stock vest based on the achievement of performance goals relating to increases in the price of a share of CBF Class A Common Stock, with 33.3% of the performance shares vesting when the price of CBF Class A Common Stock equals or exceeds $25 per share, 33.3% of the performance shares vesting when the price of CBF Class A Common Stock equals or exceeds $28 per share and 33.3% of the performance shares vesting when the price of CBF Class A Common Stock equals or exceeds $32 per share. The vesting of the Reporting Person's restricted common stock is subject to his continued employment with CBF.
- [F3]Consists of stock options granted in March 2011. One half of the stock options granted in March 2011 vested on December 22, 2011 and the other half of the stock options granted in March 2011 will vest on December 22, 2012. The vesting of the Reporting Person's stock options is subject to his continued employment with CBF.
- [F4]Consists of stock options granted in January 2012. One half of the stock options granted in January 2012 vested on January 12, 2012 and the other half of the stock options granted in January 2012 will vest on January 12, 2013. The vesting of the Reporting Person's stock options is subject to his continued employment with CBF.