SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Abram J Adam

(Last) (First) (Middle)
3600 GLENWOOD AVENUE, SUITE 300

(Street)
RALEIGH NC 27612

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
YADKIN FINANCIAL Corp [ YDKN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/04/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/08/2014
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/04/2014 A 33,742(1) A (2) 33,742 D
Common Stock 07/04/2014 A 489,067(3) A (4) 522,809 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock of Yadkin Financial Corporation (the "Issuer") received in exchange for 107,976 shares of common stock of VantageSouth Bancshares, Inc. ("VSB") pursuant to the merger of VSB with and into the Issuer (the "VSB Merger").
2. The exchange ratio in the VSB Merger was 0.3125 shares of Issuer common stock for each share of VSB common stock, with fractional shares paid in cash. On the effective date of the VSB Merger, the most recent closing price of the Issuer's common stock was $19.41 per share, and the most recent closing price of VSB's common stock was $6.04 per share.
3. Represents shares of common stock of the Issuer received in exchange for 77,803 shares of common stock of Piedmont Community Bank Holdings, Inc. ("Piedmont") pursuant to the merger of Piedmont with and into the Issuer (the "Piedmont Merger").
4. The exchange ratio in the Piedmont Merger was 6.28597 shares of Issuer common stock for each share of Piedmont common stock, with fractional shares paid in cash. On the effective date of the Piedmont Merger, the most recent closing price of the Issuer's common stock was $19.41 per share.
Remarks:
This Form 4/A is being filed to include shares of Issuer received in exchange for shares of Piedmont pursuant to the Piedmont Merger on July 4, 2014. The original Form 4 filed July 8, 2014 inadvertently failed to include Issuer shares received pursuant to the Piedmont Merger. The other share amounts reported on the original Form 4, which relate to the VSB Merger, remain unchanged.
/s/ Nancy A. Snow , attorney-in-fact for J. Adam Abram 07/21/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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