Home/Filings/4/0001247524-15-000045
4//SEC Filing

National Commerce Corp 4

Accession 0001247524-15-000045

CIK 0001609951operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 3:09 PM ET

Size

5.7 KB

Accession

0001247524-15-000045

Insider Transaction Report

Form 4
Period: 2015-01-22
Ireland William R Jr
NBC - EVP and CRMO
Transactions
  • Award

    Common Stock

    2015-01-22+1,17571,499 total
Footnotes (2)
  • [F1]Grant of shares of Common Stock underlying performance share units of the issuer that are subject solely to time-based vesting ("Units"). The Units were granted to the reporting person pursuant to the National Commerce Corporation 2011 Equity Incentive Plan and such grant was exempt under Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended. The Units vest on the fourth anniversary of the date of grant, or January 22, 2019, and are settled for an equal number of shares of Common Stock on the vesting date.
  • [F2]Includes 4,948 Units that are subject to time-based vesting and vest on the fourth anniversary of the applicable date of grant, including 3,773 Units that were granted previously and inadvertently omitted from the reporting person's previous ownership reports. The Units are scheduled to vest according to the following schedule: 1,201 Units will vest on January 1, 2016, 1,283 Units will vest on January 1, 2017, 1,289 Units will vest on January 1, 2018 and 1,175 Units will vest on January 22, 2019. The Units are settled for an equal number of shares of Common Stock on each applicable vesting date.

Issuer

National Commerce Corp

CIK 0001609951

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001609951

Filing Metadata

Form type
4
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 3:09 PM ET
Size
5.7 KB