SEC Form 4 · accession 0001209191-17-006801
Capital Bank Financial Corp. · CBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Eugene Taylor
Officer — Chairman and CEO · Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:13 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Common StockF1,F2 | Jan 30, 2017 | A | 29,710 | $0.00 | A | 58,361 | D | |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 558,553 | 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)F2,F3 | $20.00 | holding | — | — | — | — | Dec 22, 2019 | Class A Common Stock, par value $0.01 per share | 1,251,112 | 1,251,112 | D |
| Common Stock Option (right to buy)F3,F4 | $20.00 | holding | — | — | — | — | Jan 12, 2022 | Class A Common Stock, par value $0.01 per share | 209,283 | 209,283 | D |
Explanation of responses
- F1Shares of restricted common stock vest ratably over a three-year period in annual installments beginning on January 30, 2018 and ending on January 30, 2020.
- F2Includes 28,651 shares of restricted common stock that vest ratably over a three year period in annual installments beginning on February 1, 2017 and ending on February 1, 2019. 10,155 shares of the shares of restricted common stock also vest upon the reporting person's qualifying retirement.
- 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.