STARNES WILLIAM STANCIL 4
4 · National Commerce Corp · Filed Sep 27, 2018
Insider Transaction Report
Form 4
STARNES WILLIAM STANCIL
Director
Transactions
- Award
Phantom Stock Units
2018-09-25$42.40/sh+524.76$22,250→ 5,313.54 total→ Common Stock (524.76 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.