4//SEC Filing
YADKIN FINANCIAL Corp 4
Accession 0001366367-16-000109
CIK 0001366367operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 2:28 PM ET
Size
14.2 KB
Accession
0001366367-16-000109
Insider Transaction Report
Form 4
Hager Robin Snipes
Chief Administrative Officer
Transactions
- Award
Common Stock
2016-03-01+7,941→ 7,941 total - Award
Common Stock
2016-03-01+5,319→ 5,319 total(indirect: By 401(k)) - Award
Restricted Stock Units
2016-03-01+3,546→ 3,546 totalFrom: 2017-01-01→ Common Stock (3,546 underlying) - Award
Stock Options
2016-03-01+2,500→ 2,500 totalExercise: $19.64From: 2009-01-22Exp: 2018-01-22→ Common Stock (2,500 underlying) - Award
Restricted Stock Units
2016-03-01+5,000→ 5,000 totalFrom: 2016-03-01→ Common Stock (5,000 underlying)
Footnotes (8)
- [F1]Represents shares of common stock of Yadkin Financial Corporation (the "Issuer") received in exchange for 15,882 shares of common stock of NewBridge Bancorp ("NBBC") pursuant to the merger of NBBC with and into the Issuer (the "Merger").
- [F2]The exchange ratio in the Merger was 0.50 shares of Issuer common stock for each share of NBBC 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 $21.65 per share, and the most recent closing price of NBBC's common stock was $10.93 per share.
- [F3]Represents shares of common stock of the Issuer received in exchange for 10,639 shares of common stock of NBBC pursuant to the Merger.
- [F4]Between 02/11/2016 and the date of this report, the reporting person acquired 24 shares of Yadkin Financial Corporation common stock under the NewBridge Bank Employees 401(k) Plan.
- [F5]The exchange ratio in the merger of Yadkin Financial Corporation (the "Issuer") for shares of common stock of NewBridge Bancorp ("NBBC") pursuant to the merger of NBBC with and into the Issuer was 0.50 shares of Issuer common stock for each one share of NBBC common stock. The exercise price and the amount of securities reported are converted for the exchange ratio.
- [F6]Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
- [F7]The restricted stock units vest 100% on 1/1/2017 subject to the recipient's continued employment through the applicable vesting time.
- [F8]No expiration date
Documents
Issuer
YADKIN FINANCIAL Corp
CIK 0001366367
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001366367
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 2:28 PM ET
- Size
- 14.2 KB