Home/Filings/4/0001354488-16-008240
4//SEC Filing

Paragon Commercial CORP 4

Accession 0001354488-16-008240

CIK 0001414374operating

Filed

Aug 31, 8:00 PM ET

Accepted

Sep 1, 4:53 PM ET

Size

10.0 KB

Accession

0001354488-16-008240

Insider Transaction Report

Form 4
Period: 2016-09-01
Transactions
  • Exercise/Conversion

    Restricted Stock

    2016-09-015001,000 total
    Exercise: $0.00Common Stock (500 underlying)
  • Exercise/Conversion

    Common Stock

    2016-09-01+50052,500 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    1,375
  • Stock Option (right to buy)

    Exercise: $48.00Exp: 2017-05-14Common Stock (1,875 underlying)
    1,875
  • Stock Option (right to buy)

    Exercise: $48.80Exp: 2016-12-31Common Stock (5,000 underlying)
    5,000
Footnotes (3)
  • [F1]The restricted stock vests and becomes freely transferable in three equal annual installments beginning on September 1, 2016, as follows: 500 shares vest on each of September 1, 2016, 2017, and 2018.
  • [F2]The option vested and became exercisable in five equal annual installments beginning on December 31, 2007, as follows: 20% of the shares subject to the option vested on each of December 31, 2007, 2008, 2009, 2010, and 2011.
  • [F3]The option vested and became exercisable in five equal annual installments beginning on May 14, 2008, as follows: 20% of the shares subject to the option vested on each of May 14, 2008, 2009, 2010, 2011, and 2012.

Issuer

Paragon Commercial CORP

CIK 0001414374

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0001414374

Filing Metadata

Form type
4
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:53 PM ET
Size
10.0 KB