0001354488-17-000288.txt : 20170221
0001354488-17-000288.hdr.sgml : 20170221
20170221162330
ACCESSION NUMBER: 0001354488-17-000288
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170216
FILED AS OF DATE: 20170221
DATE AS OF CHANGE: 20170221
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: Fielding James M.
CENTRAL INDEX KEY: 0001669650
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37802
FILM NUMBER: 17625346
MAIL ADDRESS:
STREET 1: 3535 GLENWOOD AVENUE
CITY: RALEIGH
STATE: NC
ZIP: 27612
4
1
issuerdirect_section16.xml
PRIMARY DOCUMENT
X0306
4
2017-02-16
0
0001414374
Paragon Commercial CORP
PBNC
0001669650
Fielding James M.
C/O PARAGON COMMERCIAL CORPORATION
3535 GLENWOOD AVENUE
RALEIGH
NC
27612
1
Sr. V.P. and C.C.O.
Common Stock
2017-02-16
4
S
0
694
48.56
D
10418
D
Common Stock
2017-02-17
4
S
0
306
48.75
D
10112
D
Employee Stock Option (right to buy)
48.80
2017-05-07
Common Stock
1125
1125
D
Restricted Stock
0.00
Common Stock
475
475
D
Restricted Stock
0.00
Common Stock
590
590
D
This transaction was executed in multiple trades at prices ranging from $48.49 to $48.75. 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 transactions 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.
/s/ Jonathan A. Greene, by Power of Attorney
2017-02-21