National Commerce Corp 4
4 · National Commerce Corp · Filed Mar 29, 2017
Insider Transaction Report
Form 4
Sevigny Stephen A
Director
Transactions
- Award
Phantom Stock Units
2017-03-28$37.35/sh+292.49$10,925→ 1,586.39 total→ Common Stock (292.49 underlying)
Footnotes (4)
- [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.
- [F4]Reflects an adjustment to account for 21.76 phantom stock units inadvertently included in the reporting person's previous ownership report.