SEC Form 4 · accession 0001552781-15-001165
Entegra Financial Corp. · ENFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bobby D. Sanders II
Officer — EVP & Chief Credit Admin Off
Period of report
Nov 30, 2015
Accepted (ET)
Dec 28, 2015 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001522327
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 2,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 30, 2015 | A | 9,750 | A | Nov 30, 2016 | Nov 30, 2025 | Common Stock | 9,750 | 9,750 | D |
| Stock OptionsF3 | $18.55 | Nov 30, 2015 | A | 22,750 | A | Nov 30, 2016 | Nov 30, 2025 | Common Stock | 22,750 | 22,750 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of Common Stock upon vesting of the unit.
- F2Restricted stock units vest in five equal annual installments beginning on November 30, 2016, the first anniversary of the date of the award.
- F3Stock options vest in five equal annual installment beginning on November 30, 2016, the first anniversary of the date of the grant.