Paragon Commercial CORP 4
4 · Paragon Commercial CORP · Filed Feb 14, 2017
Insider Transaction Report
Form 4
CROUSE STEVEN E
E.V.P. and C.F.O.
Transactions
- Sale
Common Stock
2017-02-10$47.00/sh−2,450$115,150→ 11,225 total
Holdings
- 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) - 1,092
Restricted Stock
Exercise: $0.00→ Common Stock (1,092 underlying)
Footnotes (3)
- [F1]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.
- [F2]The restricted stock vests and becomes freely transferrable on April 1, 2018.
- [F3]The restricted stock vests and becomes freely transferrable on April 1, 2019.