Capital Bank Financial Corp. 4
4 · Capital Bank Financial Corp. · Filed May 27, 2015
Insider Transaction Report
Form 4
Singletary R. Bruce
Chief Risk Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2015-05-24$28.43/sh−28,271$803,745→ 113,241 total
Holdings
- 67,390
Restricted Common Stock
- 139,522
Common Stock Optoin (right to buy)
Exercise: $20.00Exp: 2022-01-12→ Class A Common Stock, par value $0.01 per share (139,522 underlying) - 312,787
Common Stock Option (right to buy)
Exercise: $20.00Exp: 2019-12-22→ Class A Common Stock, par value $0.01 per share (312,787 underlying)
Footnotes (5)
- [F1]Represents shares withheld by Capital Bank Financial Corp. in respect of withholding tax liability incurred upon the vesting of 67,391 shares of restricted stock, which occurred on May 24, 2015.
- [F2]Reflects the addition of 39,120 shares upon the vesting of restricted stock (after withholding of shares described in the preceding footnote), which occurred on May 24, 2015.
- [F3]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 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.
- [F4]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.
- [F5]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.