SEC Form 4 · accession 0001209191-17-062548
Capital Bank Financial Corp. · CBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc D Oken
Director
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 2:55 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 22, 2017 | S | 6,618 | $40.327 | D | 0 | D | |
| Class A Common Stock, par value $0.01 per share | Nov 22, 2017 | M | 20,000 | $20.00 | A | 20,000 | D | |
| Class A Common Stock, par value $0.01 per share | Nov 22, 2017 | M | 5,000 | $20.00 | A | 25,000 | D | |
| Class A Common Stock, par value $0.01 per share | Nov 22, 2017 | S | 20,000 | $40.411 | D | 5,000 | I | (1) |
| Class A Common Stock, par value $0.01 per share | Nov 22, 2017 | S | 5,000 | $40.478 | D | 0 | I | (1) |
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)F1,F2 | $20.00 | Nov 22, 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
- F1Consists of options, and shares received upon exercise of options, held in record by Falfurrias Capital Partners, L.P. and Falfurrias Management Partners, LLC (collectively "FCP"). The Reporting Person is Co-Founder and Managing Partner of Falfurrias Capital Partners, L.P. and controls FCP. The Reporting Person disclaims beneficial ownership of the shares and options held directly or indirectly by FCP except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of the shares or options for the purposes of Section 16 of for any other purpose.
- 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.