National Commerce Corp 4
4 · National Commerce Corp · Filed Mar 23, 2016
Insider Transaction Report
Form 4
Head R Holman
Director
Transactions
- Award
Phantom Stock Units
2016-03-22$23.88/sh+262.8$6,276→ 1,385.92 total→ Common Stock (262.8 underlying)
Footnotes (3)
- [F1]Each of the phantom stock units is the economic equivalent of one share of the Issuer's common stock.
- [F2]Reflects phantom stock units acquired through participation in the National Commerce Corporation Deferral of Compensation Plan for Key Employees and Non-Employee Directors (the "Deferral Plan").
- [F3]The phantom stock units are to be settled in shares of the Issuer's common stock in accordance with the Deferral Plan at the end of the deferral period.