Filing Details

Accession Number:
0001654954-17-005532
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-13 17:46:31
Reporting Period:
2017-06-09
Filing Date:
2017-06-13
Accepted Time:
2017-06-13 17:46:31
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
1669611 B. Thomas Oxholm C/O Paragon Commercial Corporation
3535 Glenwood Avenue
Raleigh NC 27612
No No 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 2017-06-09 904 $53.51 31,796 No 4 S Direct
Common Stock Disposition 2017-06-12 1,471 $53.87 30,325 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 Restricted Stock $0.00 1,000 1,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,000 1,000 Direct
Footnotes
  1. Prior to the date of the transactions reported herein, 5,375 shares owned by the Reporting Person's wife in her individual capacity were transferred to joint ownership with the Reporting Person. The sale of the shares indicated in column 4 of Table I were from this block of shares.
  2. This transaction was executed in multiple trades at prices ranging from $53.50 to $53.62. 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 trades were effected.
  3. Following the sale of the 904 shares reported herein, this total includes 4,471 shares previously owned indirectly by the Reporting Person's wife.
  4. This transaction was executed in multiple trades at prices ranging from $53.81 to $53.98. 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 trades were effected.
  5. 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.