SEC Form 4 · accession 0001552781-16-001717
Entegra Financial Corp. · ENFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles D Umberger
Officer — Executive Vice President
Period of report
May 27, 2016
Accepted (ET)
May 31, 2016 · 4:00 pm EDT
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 | — | May 27, 2016 | A | 7,500 | A | May 27, 2017 | May 27, 2026 | Common Stock | 7,500 | 7,500 | D |
| Stock OptionsF3 | $17.45 | May 27, 2016 | A | 17,500 | A | May 27, 2017 | May 27, 2026 | Common Stock | 17,500 | 17,500 | 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 May 27, 2017, the first anniversary of the date of the award.
- F3Stock options vest in five equal annual installment beginning on May 27, 2017, the first anniversary of the date of the grant.