SEC Form 4 · accession 0001209191-16-142385
BNC BANCORP · BNCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lenin J Peters
Director
Period of report
Sep 20, 2016
Accepted (ET)
Sep 22, 2016 · 12:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001210227
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 20, 2016 | A | 6,000 | A | — | — | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of BNC Bancorp Common Stock.
- F2The restricted stock units vest in three equal installments beginning on January 21, 2018 and then on January 21, 2019 and January 21, 2020.