SEC Form 4 · accession 0001366367-16-000117
YADKIN FINANCIAL Corp · YDKN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robin Snipes Hager
Officer — Chief Administrative Officer
Period of report
Mar 25, 2016
Accepted (ET)
Mar 29, 2016 · 11:35 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001366367
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 25, 2016 | M | 3,115 | $22.19 | A | 11,056 | D | |
| Common Stock | holding | — | — | — | 5,319 | I | By 401(k) |
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,F3 | — | Mar 25, 2016 | M | 5,000 | D | Mar 1, 2016 | — | Common Stock | 5,000 | 0 | D |
| Stock Options | $19.64 | holding | — | — | — | Jan 22, 2009 | Jan 22, 2018 | Common Stock | 2,500 | 2,500 | D |
| Restricted Stock UnitsF4,F5 | — | holding | — | — | — | Jan 1, 2017 | — | Common Stock | 3,546 | 3,546 | D |
Explanation of responses
- F1Restricted Stock Units fully vested pursuant to the Merger Agreement with NewBridge Bancorp on the effective date of merger, 3/1/2016, and were issued on 3/25/2016.
- F2On 3/25/16, 3,115 shares were issued to the reporting person. The balance (1,885 shares) were surrendered to satisfy tax withholding obligations.
- F3Price per share based on the closing stock price on the effective date of merger.
- F4Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
- F5No expiration date