Paragon Commercial CORP 4
4 · Paragon Commercial CORP · Filed Dec 5, 2016
Insider Transaction Report
Form 4
Jurney Phillip R.
Charlotte Market President
Transactions
- Sale
Common Stock
2016-12-01$41.00/sh−538$22,058→ 15,587 total
Holdings
- 5,000
Employee Stock Option (right to buy)
Exercise: $42.40Exp: 2017-08-24→ Common Stock (5,000 underlying) - 1,500
Restricted Stock
Exercise: $0.00→ Common Stock (1,500 underlying) - 2,500
Employee Stock Option (right to buy)
Exercise: $43.20Exp: 2018-06-08→ Common Stock (2,500 underlying) - 1,161
Restricted Stock
Exercise: $0.00→ Common Stock (1,161 underlying)
Footnotes (4)
- [F1]The option vested and became exercisable in five equal annual installments beginning on August 24, 2008, as follows: 20% of the shares subject to the option vested on each of August 24, 2008, 2009, 2010, 2011, and 2012.
- [F2]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.
- [F3]The restricted stock vests and becomes freely transferrable on April 1, 2018.
- [F4]The restricted stock vests and becomes freely transferrable on April 1, 2019.