SEC Form 4 · accession 0001387131-16-006823
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A. Novelly
Director
Period of report
Aug 25, 2016
Accepted (ET)
Aug 29, 2016 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476651
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 50,000 | $21.00 | A | 50,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 50,000 | $21.00 | A | 100,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 50,000 | $20.62 | A | 150,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 10,000 | $19.25 | A | 160,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 10,000 | $19.75 | A | 170,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 10,000 | $23.97 | A | 180,000 | D | |
| Class A Common Stock, par value $.001 per share | Aug 25, 2016 | M | 5,000 | $29.98 | A | 185,000 | D | |
| Class A Common Stock, par value $.001 per shareF1 | Aug 25, 2015 | G | 185,000 | $0.00 | D | 0 | D | |
| Class A Common Stock, par value $.001 per shareF1 | Aug 25, 2016 | G | 185,000 | $0.00 | A | 185,000 | I | Through Paul A. Novelly Living Trust |
| Class A Common Stock, par value $.001 per shareF2 | holding | — | — | — | 950,000 | I | By St. Albans Global Management Limited Partnership, LLLP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase | $21.00 | Aug 25, 2016 | M | 50,000 | D | Jan 25, 2013 | Sep 16, 2020 | Class A Common Stock | 50,000 | 0 | D |
| Option to Purchase | $21.00 | Aug 25, 2016 | M | 50,000 | D | Jan 25, 2013 | Jan 10, 2021 | Class A Common Stock | 50,000 | 0 | D |
| Option to Purchase | $20.62 | Aug 25, 2016 | M | 50,000 | D | Jan 25, 2013 | Mar 8, 2022 | Class A Common Stock | 50,000 | 0 | D |
| Option to Purchase | $19.25 | Aug 25, 2016 | M | 10,000 | D | Jan 25, 2013 | Jan 17, 2023 | Class A Common Stock | 10,000 | 0 | D |
| Option to PurchaseF3 | $19.75 | Aug 25, 2016 | M | 10,000 | D | — | Feb 5, 2024 | Class A Common Stock | 10,000 | 0 | D |
| Option to PurchaseF4 | $23.97 | Aug 25, 2016 | M | 10,000 | D | — | Feb 10, 2025 | Class A Common Stock | 10,000 | 0 | D |
| Option to PurchaseF5 | $29.98 | Aug 25, 2016 | M | 5,000 | D | — | Feb 23, 2026 | Class A Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1On August 25, 2016, Mr. Novelly transferred 185,000 directly owned shares of Class A Common Stock to the Paul A. Novelly Living Trust, of which Mr. Novelly is the settlor and serves as the sole trustee.
- F2Shares of Class A Common Stock owned by St. Albans Global Management Limited Partnership, LLLP, ("SAGM"), which Mr. Novelly may be deemed to beneficially own by reason of his position as chief executive officer of, and his minor pecuniary interest in, SAGM. Mr. Novelly disclaims beneficial ownership of any shares held by SAGM except to the extent of his minor pecuniary interest.
- F3These options were granted on February 5, 2014 and vested on each of March 31, 2014, June 30, 2014, September 30, 2014 and December 31, 2014 in equal installments.
- F4These options were granted on February 10, 2015 and vested on each of April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016 in equal installments.
- F5These options were granted on February 23, 2016 and vest on each of April 1, 2016, July 1, 2016, October 1, 2016 and January 1, 2017 in equal installments.