SEC Form 4 · accession 0001127602-16-044055

NEWBRIDGE BANCORP · NBBC

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

Reporting owner

Officer — President and CEO · Director

Period of report

Mar 1, 2016

Accepted (ET)

Mar 1, 2016 · 12:12 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	D/I	Nature of ownership
Class A Common Stock^F1	Mar 1, 2016	D	57,578	—	D	D
Class A Common Stock^F1	Mar 1, 2016	D	37,588	—	D	I	By IRA
Class A Common Stock^F1	Mar 1, 2016	D	52,087	—	D	I	Deferred Trust
Class A Common Stock^F1	Mar 1, 2016	D	3,055	—	D	I	By 401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Restricted Stock Units^F3,F2	—	Mar 1, 2016	D	125,000	D	—	—	Class A Common Stock	125,000	D
Restricted Stock Units^F4,F2	—	Mar 1, 2016	D	21,488	D	—	—	Class A Common Stock	21,488	D
Restricted Stock Units^F5,F2	—	Mar 1, 2016	D	34,766	D	—	—	Class A Common Stock	34,766	D

F1Disposed of pursuant to the Agreement and Plan of Merger between Yadkin Financial Corporation ("Yadkin") and issuer, dated October 12, 2015 (the "Merger Agreement"), pursuant to which issuer was merged with and into Yadkin, effective March 1, 2016 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of issuer common stock was exchanged for 0.50 shares of Yadkin common stock. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
F2Each restricted stock unit represents the contingent right to receive one share of issuer common stock upon vesting of the unit.
F3These restricted stock units became fully vested at the effective time of the Merger and were converted into 62,500 restricted stock units of Yadkin common stock, subject to reduction, if necessary, to comply with Section 280G of the Internal Revenue Code of 1986, as amended.
F4These restricted stock units remained unvested at the effective time of the Merger and were converted into 10,744 restricted stock units of Yadkin common stock.
F5These restricted stock units became fully vested at the effective time of the Merger and were converted into 17,383 restricted stock units of Yadkin common stock.