SEC Form 4 · accession 0001179110-15-004030
CITY NATIONAL CORP · CYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Fitzmaurice
Officer — EVP & Chief Credit Officer
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 5:08 pm 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 27, 2015 | F | 127 | $90.37 | D | 49,791 | D | |
| Common StockF1 | Feb 27, 2015 | M | 336 | $0.00 | A | 50,127 | D | |
| Common StockF1 | Feb 27, 2015 | D | 336 | $90.37 | D | 49,791 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Settled Restricted Stock UnitsF2 | $0.00 | Feb 27, 2015 | M | 336 | D | — | — | Common Stock | 336 | 1,010 | D |
| Stock Fund Units (EDCP)F5,F3,F4 | — | Feb 27, 2015 | A | 201 | A | — | — | Common Stock | 201 | 2,044 | D |
Explanation of responses
- F1Includes 6,001 shares of City National Corporation common stock held in Reporting Person's City National Corporation Profit Sharing Plan as of February 27, 2015.
- F2Each cash-settled restricted stock unit is valued based on the value of one (1) share of City National Corporation common stock and settles in cash on each vesting date. The cash-settled restricted stock units vest annually in four equal installments beginning on February 27, 2015.
- F3The Stock Fund Units were acquired under the Executive Deferred Compensation Plan (EDCP) and convert to stock on a one-for-one basis.
- F4The Stock Fund Units are generally distributed upon termination, or following retirement on the date or dates specified by the reporting person.
- F5The actual number of stock fund units awarded was approximately 201.9669 and, therefore, the aggregate number of stock fund units currently beneficially owned by the reporting person is approximately 2,044.3097.