SEC Form 4 · accession 0001366367-16-000188
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
Dec 21, 2016
Accepted (ET)
Dec 23, 2016 · 1:15 pm EST
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 | Dec 21, 2016 | M | 2,400 | $34.68 | A | 15,491 | D | |
| Common Stock | holding | — | — | — | 5,523 | 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 UnitsF4,F5 | $34.68 | Dec 21, 2016 | M | 3,546 | D | Dec 21, 2016 | — | Common Stock | 3,546 | 0 | D |
Explanation of responses
- F1Accelerated vesting of Restricted Stock Units effective 12/21/2016.
- F2On 12/21/2016, 2,400 shares were issued to the reporting person. The balance (1,146 shares) were surrendered to satisfy tax withholding obligations.
- F3Price per share based on the closing stock price on 12/21/2016.
- 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