4//SEC Filing
Paragon Commercial CORP 4
Accession 0001354488-16-008491
CIK 0001414374operating
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 4:13 PM ET
Size
9.2 KB
Accession
0001354488-16-008491
Insider Transaction Report
Form 4
Russell Frank Alton
Director
Transactions
- Sale
Common Stock
2016-11-07$37.70/sh−2,250$84,825→ 23,875 total
Holdings
- 1,000
Restricted Stock
Exercise: $0.00→ Common Stock (1,000 underlying) - 2,500
Stock Option (right to buy)
Exercise: $48.80Exp: 2016-12-31→ Common Stock (2,500 underlying) - 1,875
Stock Option (right to buy)
Exercise: $48.00Exp: 2017-05-14→ Common Stock (1,875 underlying) - 11,725(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.
Documents
Issuer
Paragon Commercial CORP
CIK 0001414374
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001414374
Filing Metadata
- Form type
- 4
- Filed
- Nov 8, 7:00 PM ET
- Accepted
- Nov 9, 4:13 PM ET
- Size
- 9.2 KB