SEC Form 4 · accession 0001127602-15-007348

NEWBRIDGE BANCORP · NBBC

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

Reporting owner

Officer — SEVP and Chief Credit Officer

Period of report

Feb 19, 2015

Accepted (ET)

Feb 20, 2015 · 3:12 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	Feb 19, 2015	A	5,784	$0.00	A	23,137	D
Class A Common Stock^F1	Feb 19, 2015	F	2,161	$8.71	D	20,976	D
Class A Common Stock	holding	—	—		—	555	I	Deferred Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Incentive Stock Option (Right to Buy)	$13.6449	holding	—	—	—	Jan 25, 2008	Jan 25, 2017	Class A Common Stock	5,350	5,350	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	4,338	4,338	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,F7,F4	—	holding	—	—	—	Jan 1, 2018	—	Class A Common Stock	10,000	10,000	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	1,446	1,446	D
Restricted Stock Units^F2,F5,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	2,310	2,310	D

F1On 1/1/2015, 5,784 restricted stock units vested pursuant to their terms. On 2/19/2015, 3,623 shares of Class A Common Stock were issued to Mr. Budd. The balance (2,161 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: 100% on 1/1/2016 subject to the recipient's continued employment through the 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.
F7The restricted stock units vest as follows: (i) up to 50% on 1/1/2018, subject to the satisfaction of certain performance metrics; and (ii) 50% on 1/1/2018 and in each case subject to the recipient's continued employment through the applicable vesting date.