SEC Form 4 · accession 0001179110-15-003578
CITY NATIONAL CORP · CYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Warmuth
Officer — EVP of Issuer; Pres. of Sub · Director
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 11:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000201461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | M | 8,000 | $68.98 | A | 57,558 | D | |
| Common StockF2,F1 | Feb 25, 2015 | S | 8,000 | $90.25 | D | 49,558 | D | |
| Common StockF1 | Feb 25, 2015 | M | 8,000 | $70.85 | A | 57,558 | D | |
| Common StockF3,F1 | Feb 25, 2015 | S | 8,000 | $90.28 | D | 49,558 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F4 | $68.98 | Feb 25, 2015 | M | 8,000 | D | — | Mar 10, 2015 | Common Stock | 8,000 | 0 | D |
| Employee Stock Options (Right to Buy)F5 | $70.85 | Feb 25, 2015 | M | 8,000 | D | — | May 24, 2015 | Common Stock | 8,000 | 12,000 | D |
Explanation of responses
- F1Includes 3,453 shares of City National Corporation common stock held in the Reporting Person's City National Corporation Profit Sharing Plan account as of January 31, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.20 to $90.27, inclusive. The reporting person undertakes to provide to City National Corporation, any security holder of City National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.2800 to $92.2881, inclusive. The reporting person undertakes to provide to City National Corporation, any security holder of City National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote (3) to this Form 4.
- F4The stock options vested in four equal installments beginning March 11, 2006.
- F5The stock options vested in four equal installments beginning May 25, 2006.