Capital Bank Financial Corp. 4
4 · Capital Bank Financial Corp. · Filed Jul 31, 2014
Insider Transaction Report
Form 4
Posner Kenneth A.
See Remarks
Transactions
- Purchase
Class A Common Stock, par value $0.01 per share
2014-07-30$22.98/sh+2,000$45,968→ 61,477 total
Holdings
- 67,757
Restricted Common Stock
- 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) - 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 (3)
- [F1]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 50.0% of the performance shares vesting when the price equals or exceeds $28 per share and 50.0% of the performance shares vesting when the price equals or exceeds $32 per share. The vesting of the Reporting Person's restricted common stock is subject to his continued employment with CBF.
- [F2]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.
- [F3]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.