SEC Form 4 · accession 0001209191-17-000671
BNC BANCORP · BNCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David Spencer
Officer — EVP/CFO
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 1:49 pm 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 StockF1 | Dec 31, 2016 | A | 150,000 | $0.00 | A | 421,010 | D | |
| Common Stock | holding | — | — | — | 31,255 | I | By 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 31, 2016, Mr. Spencer was awarded 150,000 shares of restricted stock under the BNC Bancorp 2013 Omnibus Stock Incentive Plan. The restricted stock vests as follows: (i)51,000 shares vest on January 17, 2017 and (ii) 33,000 shares vest on October 1 of each of 2017, 2018 and 2019.