Entegra Financial Corp. 4
4 · Entegra Financial Corp. · Filed Dec 1, 2016
Insider Transaction Report
Form 4
Sanders Bobby D. II
EVP & Chief Credit Admin Off
Transactions
- Award
Common Stock
[F1]2016-11-30+1,950→ 3,950 total - Tax Payment
Common Stock
[F1]2016-11-30$19.40/sh−623$12,086→ 3,327 total
Holdings
- 7,800
Restricted Stock Units
[F2][F3][F5]From: 2017-11-30→ Common Stock (7,800 underlying) - 22,750
Stock Options
[F4][F5]Exercise: $18.55From: 2016-11-30→ Common Stock (22,750 underlying)
Footnotes (5)
- [F1]On 11/30/2016, 1,950 restricted stock units vested according to their terms. Consequently, 1,327 shares of Common Stock were issued to Mr. Sanders and the balance (623 shares) were withheld by the Company to satisfy certain tax withholding obligations related to the vesting of the restricted stock units.
- [F2]Each restricted stock unit represents the contingent right to receive one share of Common Stock upon vesting of the unit.
- [F3]The remaining restricted stock units vest in four equal annual installments beginning on 11/30/2017.
- [F4]Stock options vest in five equal annual installment beginning on 11/30/2016, the first anniversary of the date of the grant.
- [F5]No expiration date.
Signature
/s/ David Bright, attorney-in-fact for Bobby D. Sanders II|2016-12-01