SEC Form 4 · accession 0001209191-17-039036
BNC BANCORP · BNCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Gorczynski
Officer — EVP/Chief Accounting Officer
Period of report
Jun 9, 2017
Accepted (ET)
Jun 12, 2017 · 11:34 am EDT
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 | Jun 9, 2017 | M | 7,000 | $7.40 | A | 35,490 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $7.40 | Jun 9, 2017 | M | 7,000 | D | Aug 4, 2009 | Aug 4, 2019 | common Stock | 7,000 | 0 | D |
Explanation of responses
- F120% of the options vested on the date of grant; the remainder vested in four equal installments on 8/4/2010; 8/4/2011; 8/4 2012; and 8/4/2013.