0001354488-16-008658.txt : 20161213
0001354488-16-008658.hdr.sgml : 20161213
20161213172224
ACCESSION NUMBER: 0001354488-16-008658
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161209
FILED AS OF DATE: 20161213
DATE AS OF CHANGE: 20161213
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Paragon Commercial CORP
CENTRAL INDEX KEY: 0001414374
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 562278662
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3535 Glenwood Avenue
CITY: Raleigh
STATE: NC
ZIP: 27612
BUSINESS PHONE: (919) 788-7770
MAIL ADDRESS:
STREET 1: 3535 Glenwood Avenue
CITY: Raleigh
STATE: NC
ZIP: 27612
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CROUSE STEVEN E
CENTRAL INDEX KEY: 0001269285
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37802
FILM NUMBER: 162049725
MAIL ADDRESS:
STREET 1: PO BOX 18949
CITY: RALEIGH
STATE: NC
ZIP: 27619-8949
4
1
issuerdirect_section16.xml
PRIMARY DOCUMENT
X0306
4
2016-12-09
0
0001414374
Paragon Commercial CORP
PBNC
0001269285
CROUSE STEVEN E
C/O PARAGON COMMERCIAL CORPORATION
3535 GLENWOOD AVENUE
RALEIGH
NC
27612
1
E.V.P. and C.F.O.
Common Stock
2016-12-09
4
S
0
700
41.21
D
13675
D
Employee Stock Option (right to buy)
48.00
2017-02-01
Common Stock
2875
2875
D
Employee Stock Option (right to buy)
43.20
2018-06-18
Common Stock
2875
2875
D
Restricted Stock
0.00
Common Stock
863
863
D
Restricted Stock
0.00
Common Stock
1092
1092
D
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.
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.
The restricted stock vests and becomes freely transferrable on April 1, 2018.
The restricted stock vests and becomes freely transferrable on April 1, 2019.
/s/ Jonathan A. Greene, by Power of Attorney
2016-12-13