Paragon Commercial CORP 4
4 · Paragon Commercial CORP · Filed Dec 9, 2016
Insider Transaction Report
Form 4
Fielding James M.
Sr. V.P. and C.C.O.
Transactions
- Sale
Common Stock
2016-12-08$42.19/sh−2,493$105,180→ 11,112 total
Holdings
- 1,125
Employee Stock Option (right to buy)
Exercise: $48.80Exp: 2017-05-07→ Common Stock (1,125 underlying) - 475
Restricted Stock
Exercise: $0.00→ Common Stock (475 underlying) - 590
Restricted Stock
Exercise: $0.00→ Common Stock (590 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $41.99 to $42.29. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- [F2]The option vested and became exercisable in five equal annual installments beginning on May 7, 2008, as follows: 20% of the shares subject to the option vested on each of May 7, 2008, 2009, 2010, 2011, and 2012.
- [F3]The restricted stock vests and becomes freely transferable on April 1, 2018.
- [F4]The restricted stock vests and becomes freely transferable on April 1, 2019.