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4//SEC Filing

Paragon Commercial CORP 4

Accession 0001354488-16-008634

CIK 0001414374operating

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 5:01 PM ET

Size

9.8 KB

Accession

0001354488-16-008634

Insider Transaction Report

Form 4
Period: 2016-12-05
Jurney Phillip R.
Charlotte Market President
Transactions
  • Sale

    Common Stock

    2016-12-05$41.00/sh712$29,19214,875 total
Holdings
  • Employee Stock Option (right to buy)

    Exercise: $43.20Exp: 2018-06-08Common Stock (2,500 underlying)
    2,500
  • Restricted Stock

    Exercise: $0.00Common Stock (1,500 underlying)
    1,500
  • Restricted Stock

    Exercise: $0.00Common Stock (1,161 underlying)
    1,161
  • Employee Stock Option (right to buy)

    Exercise: $42.40Exp: 2017-08-24Common Stock (5,000 underlying)
    5,000
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.

Issuer

Paragon Commercial CORP

CIK 0001414374

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0001414374

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 5:01 PM ET
Size
9.8 KB