Filing Details

Accession Number:
0001354488-17-000394
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-06 16:25:00
Reporting Period:
2017-03-02
Filing Date:
2017-03-06
Accepted Time:
2017-03-06 16:25:00
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
1669653 K. Brian Reid C/O Paragon Commercial Corporation
3535 Glenwood Avenue
Raleigh NC 27612
Triangle 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 2017-03-02 1,354 $50.42 12,100 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,000 Indirect By children
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock $0.00 1,500 1,500 Direct
Common Stock Restricted Stock $0.00 1,126 1,126 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,500 1,500 Direct
1,126 1,126 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $50.35 to $50.50. 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 transactions were effected.
  2. The restricted stock vests and becomes freely transferable on April 1, 2018.
  3. The restricted stock vests and becomes freely transferable on April 1, 2019.