4//SEC Filing
BNC BANCORP 4
Accession 0001209191-17-040385
CIK 0001210227operating
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:10 PM ET
Size
10.4 KB
Accession
0001209191-17-040385
Insider Transaction Report
Form 4
BNC BANCORPBNCN
Sloan Thomas R
Director
Transactions
- Award
Common Stock
2017-06-15+62,610→ 260,855 total - Exercise/Conversion
Common Stock
2017-06-15+6,000→ 198,245 total - Exercise/Conversion
Restricted Stock units
2017-06-15−6,000→ 0 total→ common stock (6,000 underlying)
Holdings
- 6,600(indirect: By Spouse)
Common Stock
- 78,570(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]The Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On June 15, 2017, Mr. Sloan received 62,610 shares of common stock, representing previously earned annual director retainers and meeting fees, under the BNC Bancorp Directors' Deferred Compensation Plan.
- [F3]The restricted stock units were originally scheduled to vest in three equal annual installments beginning January 21, 2018. Pursuant to the Agreement and Plan of Merger, dated January 22, 2017, by and among Pinnacle Financial Partners, Inc, the Issuer and Blue Merger Sub, Inc, each restricted stock unit held by the reporting person became fully vested as of the transaction date listed.
Documents
Issuer
BNC BANCORP
CIK 0001210227
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001210227
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:10 PM ET
- Size
- 10.4 KB