Paragon Commercial CORP 4
4 · Paragon Commercial CORP · Filed May 15, 2017
Insider Transaction Report
Form 4
Jung Howard
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-11$48.00/sh+1,875$90,000→ 65,925 total - Exercise/Conversion
Stock Option (right to buy)
2017-05-11−1,875→ 0 totalExercise: $48.00Exp: 2017-05-14→ Common Stock (1,875 underlying)
Holdings
- 40,585(indirect: By Spouse)
Common Stock
- 1,000
Restricted Stock
Exercise: $0.00→ Common Stock (1,000 underlying)
Footnotes (2)
- [F1]The option vested and became exercisable in five equal annual installments beginning on May 14, 2008, as follows: 20% of the shares subject to the option vested on each of May 14, 2008, 2009, 2010, 2011, and 2012.
- [F2]The restricted stock vests and becomes freely transferable in three equal annual installments beginning on September 1, 2016, as follows: 500 shares vest on each of September 1, 2016, 2017, and 2018.