Filing Details

Accession Number:
0001354488-16-007868
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-20 17:31:47
Reporting Period:
2016-06-16
Filing Date:
2016-06-20
Accepted Time:
2016-06-20 17:31:47
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
1669618 Howard Jung C/O Paragon Commercial Corporation
3535 Glenwood Avenue
Raleigh NC 27612
Yes 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 Acquisiton 2016-06-16 3,000 $34.00 63,550 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 40,585 Indirect By wife
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock option (right to buy) $48.80 2016-12-31 5,000 5,000 Direct
Common Stock Stock Option (right to buy) $48.00 2017-05-14 1,875 1,875 Direct
Common Stock Restricted Stock $0.00 1,500 1,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-12-31 5,000 5,000 Direct
2017-05-14 1,875 1,875 Direct
1,500 1,500 Direct
Footnotes
  1. The option vested and became exercisable in five equal annual installments beginning on December 31, 2007, as follows: 20% of the shares subject to the option vested on each of December 31, 2007, 2008, 2009, 2010, and 2011.
  2. The option vested and became exercisable in five equal annual installments beginning on May 14, 2008, as follows: 20% of the shares subject to the option vested on each of May 14, 2008, 2009, 2010, 2011, and 2012.
  3. The restricted stock vests and becomes freely transferable in three equal annual installments beginning on September 1, 2016, as follows: 500 shares vest on each of September 1, 2016, 2017, and 2018.