4//SEC Filing
Ireland William R Jr 4
Accession 0001247524-19-000004
CIK 0001609951other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 6:01 PM ET
Size
5.6 KB
Accession
0001247524-19-000004
Insider Transaction Report
Form 4
Ireland William R Jr
NBC - EVP and CRMO
Transactions
- Tax Payment
Common Stock
2018-12-31$36.00/sh−407$14,652→ 72,113 total
Footnotes (2)
- [F1]Represents shares of common stock withheld to satisfy tax obligations in connection with the vesting and settlement of 1,175 performance share units of the issuer that were subject solely to time-based vesting ("Units"). These Units were granted to the reporting person on January 1, 2015 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, which were reported on the reporting person's previous ownership reports, vested on December 31, 2018 and were converted into shares of the issuer's common stock on a one-for-one basis.
- [F2]Includes 2,443 Units that are subject to time-based vesting according to the following schedule: 958 Units will vest on December 31, 2019, 740 Units will vest on December 31, 2020, and 745 Units will vest on December 31, 2021. The Units are settled for an equal number of shares of the issuer's common stock on each applicable vesting date.
Documents
Issuer
National Commerce Corp
CIK 0001609951
Entity typeother
Related Parties
1- filerCIK 0001326275
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 6:01 PM ET
- Size
- 5.6 KB