Filing Details
- Accession Number:
- 0001209191-14-029194
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-04-25 13:18:51
- Reporting Period:
- 2014-04-02
- Filing Date:
- 2014-04-25
- Accepted Time:
- 2014-04-25 13:18:51
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1479750 | Capital Bank Financial Corp. | CBF | National Commercial Banks (6021) | 271454759 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1558467 | A. Kenneth Posner | 121 Alhambra Plaza Suite 1601 Coral Gables FL 33134 | See Remarks | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.01 Per Share | Disposition | 2014-04-02 | 18,903 | $25.26 | 57,477 | No | 4 | F | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Acquisiton | 2014-04-23 | 2,000 | $23.99 | 59,477 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Restricted Common Stock | 67,757 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.01 Per Share | Common Stock Option (right to buy) | $20.00 | 2019-12-22 | 78,194 | 78,194 | Direct | |
Class A Common Stock, Par Value $0.01 Per Share | Common Stock Option (right to buy) | $20.00 | 2022-01-12 | 139,522 | 139,522 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-12-22 | 78,194 | 78,194 | Direct |
2022-01-12 | 139,522 | 139,522 | Direct |
Footnotes
- Represents shares withheld by Capital Bank Financial Corp. in respect of withholding tax liability incurred upon the vesting of 33,880 shares of restricted stock, which occurred on April 2, 2014.
- Reflects the addition of 14,977 shares upon the vesting of restricted stock (after withholding of shares described in the preceding footnote), which occurred on April 2, 2014.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.987 to $22.989. The Reporting Person undertakes to provide to Capital Bank Financial Corp., any security holder of Capital Bank Financial Corp. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- Shares of restricted common stock vest based on the achievement of performance goals relating to increases in the price of a share of CBF Class A Common Stock, with 50.0% of the performance shares vesting when the price equals or exceeds $28 per share and 50.0% of the performance shares vesting when the price equals or exceeds $32 per share. The vesting of the Reporting Person's restricted common stock is subject to his continued employment with CBF.
- Consists of stock options granted in March 2011. One half of the stock options granted in March 2011 vested on December 22, 2011 and the other half of the stock options granted in March 2011 vested on December 22, 2012.
- Consists of stock options granted in January 2012. One half of the stock options granted in January 2012 vested on January 12, 2012 and the other half of the stock options granted in January 2012 vested on January 12, 2013.