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