SEC Form 4 · accession 0001171843-16-010055
First NBC Bank Holding Co · FNBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D. Aaron Jr.
Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001496631
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 11, 2016 | M | 10,000 | $10.00 | A | 40,730 | D | |
| COMMON STOCKF1 | May 11, 2016 | F | 4,931 | $20.28 | D | 35,799 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK WARRANTS (RIGHT TO BUY) | $10.00 | May 11, 2016 | M | 10,000 | D | May 19, 2006 | May 19, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock warrants. The reporting person received 5,069 shares of common stock on net exercise of warrants to purchase 10,000 shares of common stock. The reporting person surrendered 4,931 shares of common stock underlying the warrants in payment of the exercise price and satisfaction of withholding obligations, using the 10-day prior average price at May 11, 2016 of $20.28 per share.