YADKIN FINANCIAL Corp 4
4 · YADKIN FINANCIAL Corp · Filed Jul 8, 2014
Insider Transaction Report
Form 4
Jones Steven W
Chief Banking Officer
Transactions
- Award
Common Stock
2014-07-04+6,714→ 6,714 total
Footnotes (2)
- [F1]Represents shares of common stock of Yadkin Financial Corporation (the "Issuer") received in exchange for 21,487 shares of common stock of VantageSouth Bancshares, Inc. ("VSB") pursuant to the merger of VSB with and into the Issuer (the "Merger").
- [F2]The exchange ratio in the Merger was 0.3125 shares of Issuer common stock for each share of VSB common stock, with fractional shares paid in cash. On the effective date of the Merger, the most recent closing price of the Issuer's common stock was $19.41 per share, and the most recent closing price of VSB's common stock was $6.04 per share.