Home/Filings/4/0001654954-17-005532
4//SEC Filing

Paragon Commercial CORP 4

Accession 0001654954-17-005532

CIK 0001414374operating

Filed

Jun 12, 8:00 PM ET

Accepted

Jun 13, 5:46 PM ET

Size

8.6 KB

Accession

0001654954-17-005532

Insider Transaction Report

Form 4
Period: 2017-06-09
Transactions
  • Sale

    Common Stock

    2017-06-09$53.51/sh904$48,37331,796 total
  • Sale

    Common Stock

    2017-06-12$53.87/sh1,471$79,24330,325 total
Holdings
  • Restricted Stock

    Exercise: $0.00Common Stock (1,000 underlying)
    1,000
Footnotes (5)
  • [F1]Prior to the date of the transactions reported herein, 5,375 shares owned by the Reporting Person's wife in her individual capacity were transferred to joint ownership with the Reporting Person. The sale of the shares indicated in column 4 of Table I were from this block of shares.
  • [F2]This transaction was executed in multiple trades at prices ranging from $53.50 to $53.62. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
  • [F3]Following the sale of the 904 shares reported herein, this total includes 4,471 shares previously owned indirectly by the Reporting Person's wife.
  • [F4]This transaction was executed in multiple trades at prices ranging from $53.81 to $53.98. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
  • [F5]The restricted stock vests and becomes freely transferrable in three equal annual installments beginning on September 1, 2016, as follows: 500 shares vest on each of September 1, 2016, 2017, and 2018.

Issuer

Paragon Commercial CORP

CIK 0001414374

Entity typeoperating
IncorporatedNC

Related Parties

1
  • filerCIK 0001414374

Filing Metadata

Form type
4
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 5:46 PM ET
Size
8.6 KB