SEC Form 4 · accession 0001209191-15-079462
Capital Bank Financial Corp. · CBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Bruce Singletary
Officer — Chief Credit Officer
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 9:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001479750
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 $0.01 per shareF1,F2 | Nov 6, 2015 | F | 28,270 | $34.27 | D | 152,361 | D | |
| Restricted Common Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Option (right to buy)F3 | $20.00 | holding | — | — | — | — | Dec 22, 2019 | Class A Common Stock, par value $0.01 per share | 312,787 | 312,787 | D |
| Common Stock Option (right to buy)F4 | $20.00 | holding | — | — | — | — | Jan 12, 2022 | Class A Common Stock, par value $0.01 per share | 139,522 | 139,522 | D |
Explanation of responses
- F1Represents shares withheld by Capital Bank Financial Corp. in respect of withholding tax liability incurred upon the vesting of 67,390 shares of restricted stock, which occurred on November 6, 2015.
- F2Reflects the addition of 39,120 shares upon the vesting of restricted stock (after withholding of shares described in the preceding footnote), which occurred on November 6, 2015.
- F3Consists of stock options granted in March 2011. One half of the stock options granted in March 2011 vested on December 22, 2011 and the other half of the stock options granted in March 2011 vested on December 22, 2012.
- F4Consists of stock options granted in January 2012. One half of the stock options granted in January 2012 vested on January 12, 2012 and the other half of the stock options granted in January 2012 vested on January 12, 2013.