SEC Form 4 · accession 0001209191-17-007589
Capital Bank Financial Corp. · CBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter N Foss
Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 4:21 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 share | Feb 1, 2017 | M | 25,000 | $20.00 | A | 55,340 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Feb 1, 2017 | S | 25,000 | $39.05 | D | 30,340 | 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 | $20.00 | Feb 1, 2017 | M | 25,000 | D | — | Dec 22, 2019 | Class A Common Stock, par value $0.01 per share | 25,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.95 to $39.25, inclusive. The reporting person undertakes to provide Capital Bank Financial Corp., any security holder of Capital Bank Financial Corp., or the staff of the Securities & Exchange Commission, upon request full information regarding the number of shares sold at each separate price and the ranges set forth in footnote (1) of this Form 4.
- F2Consists 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.