SEC Form 4 · accession 0001127602-16-037476

NEWBRIDGE BANCORP · NBBC

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

Reporting owner

Officer — President and CEO · Director

Period of report

Jan 20, 2016

Accepted (ET)

Jan 21, 2016 · 11:33 am 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 20, 2016	A	28,384	$0.00	A	61,877	D
Class A Common Stock^F1	Jan 20, 2016	F	9,879	$12.18	D	51,998	D
Class A Common Stock	holding	—	—		—	3,051	I	By 401(k)
Class A Common Stock	holding	—	—		—	37,588	I	By IRA
Class A Common Stock	holding	—	—		—	52,087	I	Deferred Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	10,441	10,441	D
Restricted Stock Units^F2,F5,F4	—	holding	—	—	—	Jan 1, 2017	—	Class A Common Stock	21,488	21,488	D
Restricted Stock Units^F2,F6,F4	—	holding	—	—	—	Jan 1, 2018	—	Class A Common Stock	34,766	34,766	D
Restricted Stock Units^F2,F7,F4	—	holding	—	—	—	Jan 1, 2019	—	Class A Common Stock	125,000	125,000	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	Jan 1, 2016	—	Class A Common Stock	3,480	3,480	D

F1On 1/1/2016, 28,384 restricted stock units vested pursuant to their terms. On 1/20/2016, 18,505 shares of Class A Common Stock were issued to Mr. Ridgill. The balance (9,879 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 1/1/2016, 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.
F4No expiration date.
F5The 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.
F6The 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.
F7The restricted stock units vest as follows: up to 100% on 1/1/2019, subject to the satisfaction of certain performance metrics; participant shall maintain legal title to and beneficial ownership of shares received upon vesting through and until 12/31/2020.