Filing Details

Accession Number:
0001354488-17-000284
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-16 17:34:56
Reporting Period:
2017-02-14
Filing Date:
2017-02-16
Accepted Time:
2017-02-16 17:34:56
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
1669666 R. Phillip Jurney C/O Paragon Commercial Corporation
3535 Glenwood Avenue
Raleigh NC 27612
Charlotte Market President No 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 Disposition 2017-02-14 235 $48.00 14,640 No 4 S Direct
Common Stock Disposition 2017-02-15 7,640 $48.00 7,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
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) $42.40 2017-08-24 5,000 5,000 Direct
Common Stock Employee Stock Option (right to buy) $43.20 2018-06-08 2,500 2,500 Direct
Common Stock Restricted Stock $0.00 1,500 1,500 Direct
Common Stock Restricted Stock $0.00 1,161 1,161 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-08-24 5,000 5,000 Direct
2018-06-08 2,500 2,500 Direct
1,500 1,500 Direct
1,161 1,161 Direct
Footnotes
  1. The option vested and became exercisable in five equal annual installments beginning on August 24, 2008, as follows: 20% of the shares subject to the option vested on each of August 24, 2008, 2009, 2010, 2011, and 2012.
  2. 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.
  3. The restricted stock vests and becomes freely transferrable on April 1, 2018.
  4. The restricted stock vests and becomes freely transferrable on April 1, 2019.