YADKIN FINANCIAL Corp 4/A
4/A · YADKIN FINANCIAL Corp · Filed Jul 21, 2014
Insider Transaction Report
Form 4/AAmended
Lerner Steven J.
Director
Transactions
- Award
Common Stock
2014-07-04+718→ 718 total - Award
Common Stock
2014-07-04+15,802→ 16,520 total - Award
Common Stock
2014-07-04+31,429→ 31,429 total(indirect: By Trust)
Footnotes (5)
- [F1]Represents shares of common stock of Yadkin Financial Corporation (the "Issuer") received in exchange for 2,300 VantageSouth Bancshares, Inc. ("VSB") pursuant to the merger of VSB with and into the Issuer (the "VSB Merger").
- [F2]The exchange ratio in the VSB 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 VSB 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.
- [F3]Represents shares of common stock of the Issuer received in exchange for 2,514 shares of common stock of Piedmont Community Bank Holdings, Inc. ("Piedmont") pursuant to the merger of Piedmont with and into the Issuer (the "Piedmont Merger").
- [F4]The exchange ratio in the Piedmont Merger was 6.28597 shares of Issuer common stock for each share of Piedmont common stock, with fractional shares paid in cash. On the effective date of the Piedmont Merger, the most recent closing price of the Issuer's common stock was $19.41 per share.
- [F5]Represents shares of common stock of the Issuer received in exchange for 5,000 shares of common stock of Piedmont pursuant to the Piedmont Merger.