Davis Matthew C. 4
4 · Paragon Commercial CORP · Filed Jan 25, 2018
Insider Transaction Report
Form 4
Davis Matthew C.
E.V.P. and C.O.O.
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2018-01-24−2,750→ 0 totalExercise: $43.20Exp: 2018-06-18→ Common Stock (2,750 underlying) - Exercise/Conversion
Common Stock
2018-01-24$43.20/sh+2,750$118,800→ 22,517 total - Tax Payment
Common Stock
2018-01-24$55.40/sh−2,144$118,778→ 20,373 total
Holdings
- 1,092
Restricted Stock
Exercise: $0.00→ Common Stock (1,092 underlying) - 863
Restricted Stock
Exercise: $0.00→ Common Stock (863 underlying)
Footnotes (3)
- [F1]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.
- [F2]The restricted stock vests and becomes freely transferable on April 1, 2018.
- [F3]The restricted stock vests and becomes freely transferable on April 1, 2019.