SEC Form 4 · accession 0001209191-17-062215
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
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 7:40 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 | Nov 20, 2017 | M | 1,251,112 | $20.00 | A | 1,815,949 | D | |
| Class A Common Stock, par value $0.01 per share | Nov 20, 2017 | M | 209,283 | $20.00 | A | 2,025,232 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Nov 20, 2017 | F | 1,073,608 | $40.40 | D | 951,624 | D | |
| Restricted Common StockF2 | holding | — | — | — | 56,416 | 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 | Nov 20, 2017 | M | 1,251,112 | D | — | Dec 22, 2019 | Class A Common Stock, par value $0.01 per share | 1,251,112 | 0 | D |
| Common Stock Option (Right to Buy)F4 | $20.00 | Nov 20, 2017 | M | 209,283 | D | — | Jan 12, 2022 | Class A Common Stock, par value $0.01 per share | 209,283 | 0 | D |
Explanation of responses
- F1An aggregate of 1,073,608 shares of Class A Common Stock, par value $0.01 per share, otherwise due to the Reporting Person as a result of the stock options exercises described herein were withheld to cover the exercise cost as well as applicable taxes.
- F2Shares of Restricted Common Stock vest ratably over a three year period in annual installments.
- 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.