SEC Form 4 · accession 0001209191-15-003579
BNC BANCORP · BNCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Spencer
Officer — EVP/CFO
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 9:47 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001210227
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - Swapping Options | Jan 8, 2015 | J | 17,262 | $17.38 | D | 248,850 | D | |
| Common Stock - Swapping Options | Jan 8, 2015 | M | 22,000 | $13.64 | A | 270,850 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposition of shares is in connection with the exercise of a derivative security pursuant to the BNC Employee Stock Option Plan which allows for exercise of an option using stock owned by a plan participant as part of or all of the exercise price.