0001127602-16-044055.txt : 20160301
0001127602-16-044055.hdr.sgml : 20160301
20160301121255
ACCESSION NUMBER: 0001127602-16-044055
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160301
FILED AS OF DATE: 20160301
DATE AS OF CHANGE: 20160301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEWBRIDGE BANCORP
CENTRAL INDEX KEY: 0000714530
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 561348147
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1501 HIGHWOODS BOULEVARD
STREET 2: SUITE 400
CITY: GREENSBORO
STATE: NC
ZIP: 27410
BUSINESS PHONE: 336-369-0900
MAIL ADDRESS:
STREET 1: P O BOX 18807
CITY: GREENSBORO
STATE: NC
ZIP: 27419
FORMER COMPANY:
FORMER CONFORMED NAME: LSB BANCSHARES INC /NC/
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RIDGILL PRESSLEY A
CENTRAL INDEX KEY: 0001250300
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-11448
FILM NUMBER: 161472166
BUSINESS ADDRESS:
STREET 1: P. O. BOX 2037
CITY: REIDSVILLE
STATE: NC
ZIP: 27323
BUSINESS PHONE: 336-634-4761
MAIL ADDRESS:
STREET 1: P. O. BOX 2037
CITY: REIDSVILLE
STATE: NC
ZIP: 27323
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-03-01
1
0000714530
NEWBRIDGE BANCORP
NBBC
0001250300
RIDGILL PRESSLEY A
P. O. BOX 18807
GREENSBORO
NC
27419
1
1
President and CEO
Class A Common Stock
2016-03-01
4
D
0
57578
D
0
D
Class A Common Stock
2016-03-01
4
D
0
37588
D
0
I
By IRA
Class A Common Stock
2016-03-01
4
D
0
52087
D
0
I
Deferred Trust
Class A Common Stock
2016-03-01
4
D
0
3055
D
0
I
By 401(k)
Restricted Stock Units
2016-03-01
4
D
0
125000
D
Class A Common Stock
125000
0
D
Restricted Stock Units
2016-03-01
4
D
0
21488
D
Class A Common Stock
21488
0
D
Restricted Stock Units
2016-03-01
4
D
0
34766
D
Class A Common Stock
34766
0
D
Disposed of pursuant to the Agreement and Plan of Merger between Yadkin Financial Corporation ("Yadkin") and issuer, dated October 12, 2015 (the "Merger Agreement"), pursuant to which issuer was merged with and into Yadkin, effective March 1, 2016 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of issuer common stock was exchanged for 0.50 shares of Yadkin common stock. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
Each restricted stock unit represents the contingent right to receive one share of issuer common stock upon vesting of the unit.
These restricted stock units became fully vested at the effective time of the Merger and were converted into 62,500 restricted stock units of Yadkin common stock, subject to reduction, if necessary, to comply with Section 280G of the Internal Revenue Code of 1986, as amended.
These restricted stock units remained unvested at the effective time of the Merger and were converted into 10,744 restricted stock units of Yadkin common stock.
These restricted stock units became fully vested at the effective time of the Merger and were converted into 17,383 restricted stock units of Yadkin common stock.
/s/ Richard M. Cobb, attorney-in-fact for Pressley A. Ridgill
2016-03-01