Filing Details

Accession Number:
0001354488-16-008658
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-13 17:22:24
Reporting Period:
2016-12-09
Filing Date:
2016-12-13
Accepted Time:
2016-12-13 17:22:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1414374 Paragon Commercial Corp PBNC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1269285 E Steven Crouse C/O Paragon Commercial Corporation
3535 Glenwood Avenue
Raleigh NC 27612
E.v.p. And C.f.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 2016-12-09 700 $41.21 13,675 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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) $48.00 2017-02-01 2,875 2,875 Direct
Common Stock Employee Stock Option (right to buy) $43.20 2018-06-18 2,875 2,875 Direct
Common Stock Restricted Stock $0.00 863 863 Direct
Common Stock Restricted Stock $0.00 1,092 1,092 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-02-01 2,875 2,875 Direct
2018-06-18 2,875 2,875 Direct
863 863 Direct
1,092 1,092 Direct
Footnotes
  1. The option vested and became exercisable in five equal annual installments beginning on February 1, 2008, as follows: 20% of the shares subject to the option vested on each of February 1, 2008, 2009, 2010, 2011, and 2012.
  2. The option vested and became exercisable in five equal annual installments beginning on June 18, 2009, as follows: 20% of the shares subject to the option vested on each of June 18, 2009, 2010, 2011, 2012, and 2013.
  3. The restricted stock vests and becomes freely transferrable on April 1, 2018.
  4. The restricted stock vests and becomes freely transferrable on April 1, 2019.