SEC Form 4 · accession 0001127602-15-001872

NEWBRIDGE BANCORP · NBBC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SEVP & Chief Strategy Officer

Period of report

Jan 13, 2015

Accepted (ET)

Jan 15, 2015 · 4:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000714530

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock^F1	Jan 13, 2015	A	1,638	$0.00	A	7,522	D
Class A Common Stock^F1	Jan 13, 2015	F	636	$8.71	D	6,886	D
Class A Common Stock	holding	—	—		—	248	I	401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive Stock Option (Right to Buy)	$17.65	holding	—	—	—	Dec 20, 2006	Dec 20, 2015	Class A Common Stock	3,000	3,000	D
Incentive Stock Option (Right to Buy)	$17.10	holding	—	—	—	Dec 11, 2007	Dec 11, 2016	Class A Common Stock	3,000	3,000	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2015	—	Class A Common Stock	8,676	8,676	D
Restricted Stock Units^F2,F5,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	6,930	6,930	D
Restricted Stock Units^F2,F6,F4	—	holding	—	—	—	Jan 1, 2017	—	Class A Common Stock	7,093	7,093	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2015	—	Class A Common Stock	2,892	2,892	D
Restricted Stock Units^F2,F5,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	2,310	2,310	D

F1On 1/1/2015, 1,638 restricted stock units vested pursuant to their terms. On 1/13/2015, 1,002 shares of Class A Common Stock were issued to Mr. Barksdale. The balance (636 shares) were withheld to satisfy certain tax withholding obligations related to the vesting of the restricted stock units.
F2Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
F3The restricted stock units vest as follows: (i) up to 50% on 1/1/2015, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2016 and in each case subject to the recipient's continued employment through the applicable vesting date.
F4No expiration date.
F5The restricted stock units vest as follows: (i) up to 50% on 1/1/2016, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2016 and in each case subject to the recipient's continued employment through the applicable vesting date.
F6The restricted stock units vest as follows: (i) up to 50% on 1/1/2017, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2017 and in each case subject to the recipient's continued employment through the applicable vesting date.