Filing Details
- Accession Number:
- 0001354488-16-007870
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-20 17:33:39
- Reporting Period:
- 2016-06-16
- Filing Date:
- 2016-06-20
- Accepted Time:
- 2016-06-20 17:33:39
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1414374 | Paragon Commercial Corp | PBNC | State Commercial Banks (6022) | 562278662 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1669748 | C. Robert Hatley | C/O Paragon Commercial Corporation 3535 Glenwood Avenue Raleigh NC 27612 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-06-16 | 5,882 | $34.00 | 103,190 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 4,500 | Indirect | By wife |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | $48.00 | 2017-02-01 | 5,000 | 5,000 | Direct | |
| Common Stock | Employee Stock Option (right to buy) | $43.20 | 2018-06-18 | 5,000 | 5,000 | Direct | |
| Common Stock | Restricted Stock | $0.00 | 2,000 | 2,000 | Direct | ||
| Common Stock | Restricted Stock | $0.00 | 1,500 | 1,500 | Direct | ||
| Common Stock | Restricted Stock | $0.00 | 2,563 | 2,563 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-02-01 | 5,000 | 5,000 | Direct |
| 2018-06-18 | 5,000 | 5,000 | Direct |
| 2,000 | 2,000 | Direct | |
| 1,500 | 1,500 | Direct | |
| 2,563 | 2,563 | Direct |
Footnotes
- The option vested and became exercisable in five equal annual installments beginning on February 1, 2008, as follows: 20% of the shares subject to the option vested on each of February 1, 2008, 2009, 2010, 2011, and 2012.
- 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.
- The restricted stock vests and becomes freely transferrable on April 1, 2018.
- 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.
- The restricted stock vests and becomes freely transferrable on April 1, 2019.
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