4//SEC Filing
Capital Bank Financial Corp. 4
Accession 0001209191-13-054194
CIK 0001479750operating
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 5:27 PM ET
Size
9.7 KB
Accession
0001209191-13-054194
Insider Transaction Report
Form 4
Posner Kenneth A.
See Remarks
Transactions
- Purchase
Class A Common Stock, par value $0.01 per share
2013-11-25$22.37/sh+5,000$111,830→ 42,500 total
Holdings
- 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) - 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)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.332 to $22.419. The Reporting Person undertakes to provide to Capital Bank Financial Corp., any security holder of Capital Bank Financial Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [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 vested on December 22, 2012.
- [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 vested on January 12, 2013.
Documents
Issuer
Capital Bank Financial Corp.
CIK 0001479750
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001479750
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 5:27 PM ET
- Size
- 9.7 KB