SEC Form 4 · accession 0001552781-18-000051
Entegra Financial Corp. · ENFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis E Buck
Director
Period of report
Jan 19, 2018
Accepted (ET)
Feb 1, 2018 · 5:20 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 | Jan 19, 2018 | X | 4,760 | $18.55 | D | 9,900 | 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,F4 | — | holding | — | — | — | Nov 30, 2018 | — | Common Stock | 3,060 | 3,060 | D |
| Stock OptionsF3,F5 | $18.55 | holding | — | — | — | Nov 30, 2018 | — | Common Stock | 7,140 | 7,140 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of Common Stock upon vesting of the unit.
- F2On 11/30/2016 and 11/30/2017, an aggregate of 2,040 restricted stock units vested according to their terms. The remaining restricted stock units (3,060) vest in three equal annual installments beginning on November 30, 2018.
- F3On 11/30/2016 and 11/30/2017, an aggregate of 4,760 stock options vested according to their terms. These stock options were exercised on 1/19/2018. The remaining stock options (7,140) vest in three equal annual installments beginning on 11/30/2018.
- F4No expiration date.
- F5Ten years from exercise date.