Filing Details
- Accession Number:
- 0001354488-16-008638
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-08 16:59:51
- Reporting Period:
- 2016-12-06
- Filing Date:
- 2016-12-08
- Accepted Time:
- 2016-12-08 16:59:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1669650 | M. James Fielding | C/O Paragon Commercial Corporation 3535 Glenwood Avenue Raleigh NC 27612 | Sr. V.p. And C.c.o. | 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 | 2016-12-06 | 462 | $41.95 | 14,650 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-12-07 | 1,045 | $41.96 | 13,605 | 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) | $48.80 | 2017-05-07 | 1,125 | 1,125 | Direct | |
| Common Stock | Restricted Stock | $0.00 | 475 | 475 | Direct | ||
| Common Stock | Restricted Stock | $0.00 | 590 | 590 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-05-07 | 1,125 | 1,125 | Direct |
| 475 | 475 | Direct | |
| 590 | 590 | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $41.95 to $41.99. 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.
- The option vested and became exercisable in five equal annual installments beginning on May 7, 2008, as follows: 20% of the shares subject to the option vested on each of May 7, 2008, 2009, 2010, 2011, and 2012.
- The restricted stock vests and becomes freely transferable on April 1, 2018.
- The restricted stock vests and becomes freely transferable on April 1, 2019.
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