BRAGG JOHN R (EVP - Bank Operations) exercised options at NATIONAL COMMERCE CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/27/2018ACC: 0001247524-18-000175
Officer· EVP - Bank Operations
Since Dec 2018
-13.97K
Net shares
Net seller
$477.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
23.50K acquired · 37.47K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+23.50K
Price / share
$14.57
Trade value
$342.39K
% of position
50.4%
12/21/2018
46.59K→70.09K
Common Stock
Direct
Shares
−13.97K
Price / share
$34.21
Trade value
$477.88K
% of position
19.9%
12/21/2018
70.09K→56.12K
Total
Net shares
+9.53K
Net value
-$135.48K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/21/2018 | M · Option Exercise | +23.50K | $14.57 | $342.39K | 50.4% | 46.59K | 70.09K |
| Common Stock Direct | 12/21/2018 | F · Tax Withholding | −13.97K | $34.21 | $477.88K | 19.9% | 70.09K | 56.12K |
| Total | +9.53K | -$135.48K | ||||||
Derivative Transactions1
Employee Stock Option
Direct
Converts to
Common Stock
23.50K shares
Shares
−23.50K
Strike price
14.57
Held after
0.00
Exercisable
—
12/21/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option Direct | Common Stock23.50K shares | 12/21/2018 | M · Option Exercise | −23.50K | 14.57 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned19.96K
Total
19.96K indirect19.96K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 19.96K | Indirect |
| Total | 19.96K | 19.96K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported