4//SEC Filing
Hatley Robert C. 4
Accession 0001654954-17-008585
CIK 0001414374other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:31 PM ET
Size
11.5 KB
Accession
0001654954-17-008585
Insider Transaction Report
Form 4
Hatley Robert C.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Stock
2017-09-15−500→ 500 totalExercise: $0.00→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2017-09-15+500→ 104,217 total
Holdings
- 2,000
Restricted Stock
Exercise: $0.00→ Common Stock (2,000 underlying) - 2,563
Restricted Stock
Exercise: $0.00→ Common Stock (2,563 underlying) - 4,500(indirect: By Spouse)
Common Stock
- 5,000
Employee Stock Option (right to buy)
Exercise: $43.20Exp: 2018-06-18→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]This Form 4 reflects a correction to the vesting schedule. The restricted stock vests and becomes freely transferable in three equal annual installments beginning on September 15, 2016, as follows: 500 shares vest on each of September 15, 2016, 2017, and 2018. Previous filings erroneously indicated that the restricted stock vested on September 1, 2016, 2017, and 2018.
- [F2]The option vested and became exercisable in five equal annual installments beginning on June 18, 2009, as follows: 20% of the shares subject to the option vested on each of June 18, 2009, 2010, 2011, 2012, and 2013.
- [F3]The restricted stock vests and becomes freely transferrable on April 1, 2018.
- [F4]The restricted stock vests and becomes freely transferrable on April 1, 2019.
Documents
Issuer
Paragon Commercial CORP
CIK 0001414374
Entity typeother
Related Parties
1- filerCIK 0001669748
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:31 PM ET
- Size
- 11.5 KB