4//SEC Filing
Paragon Commercial CORP 4
Accession 0001354488-16-008242
CIK 0001414374operating
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:54 PM ET
Size
12.8 KB
Accession
0001354488-16-008242
Insider Transaction Report
Form 4
Hatley Robert C.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2016-09-01+500→ 103,690 total - Exercise/Conversion
Restricted Stock
2016-09-01−500→ 1,000 totalExercise: $0.00→ Common Stock (500 underlying)
Holdings
- 4,500(indirect: By Spouse)
Common Stock
- 5,000
Employee Stock Option (right to buy)
Exercise: $43.20Exp: 2018-06-08→ Common Stock (5,000 underlying) - 5,000
Employee Stock Option (right to buy)
Exercise: $48.00Exp: 2017-02-01→ Common Stock (5,000 underlying) - 2,000
Restricted Stock
Exercise: $0.00→ Common Stock (2,000 underlying) - 2,563
Restricted Stock
Exercise: $0.00→ Common Stock (2,563 underlying)
Footnotes (5)
- [F1]The restricted stock vests and becomes freely transferrable 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 February 1, 2008, as follows: 20% of the shares subject to the option vested on each of February 1, 2008, 2009, 2010, 2011, and 2012.
- [F3]The option vested and became exercisable in five equal annual installments beginning on June 18, 2009, as follows: 20% of the shares subject to the option vested on each of June 18, 2009, 2010, 2011, 2012, and 2013.
- [F4]The restricted stock vests and becomes freely transferrable on April 1, 2018.
- [F5]The restricted stock vests and becomes freely transferrable on April 1, 2019.
Documents
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, 4:54 PM ET
- Size
- 12.8 KB