Home/Filings/4/0001247524-16-000324
4//SEC Filing

National Commerce Corp 4

Accession 0001247524-16-000324

CIK 0001609951operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 1:30 PM ET

Size

9.5 KB

Accession

0001247524-16-000324

Insider Transaction Report

Form 4
Period: 2016-01-04
Transactions
  • Exercise/Conversion

    Common Stock

    2016-01-04+958.49958.49 total
  • Disposition to Issuer

    Common Stock

    2016-01-04$24.13/sh0.49$12958 total
  • Exercise/Conversion

    Phantom Stock Units

    2016-01-04958.490 total
    From: 2016-01-04Exp: 2016-01-04Common Stock (958.49 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    30,746
Footnotes (2)
  • [F1]Each of the phantom stock units was acquired through participation in the National Commerce Corporation Deferral of Compensation Plan for Key Employees and Non-Employee Directors (the "Deferral Plan") and was the economic equivalent of one share of the Issuer's common stock. The reporting person settled each of his phantom stock units for shares of the Issuer's common stock in accordance with the Deferral Plan.
  • [F2]Represents the fraction of a share of the Issuer's common stock otherwise issuable to the reporting person for which cash was paid in lieu of the issuance of a fractional share, based on the closing price of the Issuer's common stock on Nasdaq on the transaction date.

Issuer

National Commerce Corp

CIK 0001609951

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001609951

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 1:30 PM ET
Size
9.5 KB