4//SEC Filing
Paragon Commercial CORP 4
Accession 0001354488-16-008658
CIK 0001414374operating
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 5:22 PM ET
Size
9.8 KB
Accession
0001354488-16-008658
Insider Transaction Report
Form 4
CROUSE STEVEN E
E.V.P. and C.F.O.
Transactions
- Sale
Common Stock
2016-12-09$41.21/sh−700$28,847→ 13,675 total
Holdings
- 1,092
Restricted Stock
Exercise: $0.00→ Common Stock (1,092 underlying) - 2,875
Employee Stock Option (right to buy)
Exercise: $48.00Exp: 2017-02-01→ Common Stock (2,875 underlying) - 2,875
Employee Stock Option (right to buy)
Exercise: $43.20Exp: 2018-06-18→ Common Stock (2,875 underlying) - 863
Restricted Stock
Exercise: $0.00→ Common Stock (863 underlying)
Footnotes (4)
- [F1]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.
- [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.
Documents
Issuer
Paragon Commercial CORP
CIK 0001414374
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001414374
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 5:22 PM ET
- Size
- 9.8 KB