WILLIAMS FOWLER C. (CEO, Crescent Mortgage Company) exercised options at CAROLINA FINANCIAL CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/5/2020ACC: 0000870385-20-000025
Officer· CEO, Crescent Mortgage Company
Since Jan 2019
-39.66K
Net shares
Net seller
$41.0K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
2.32K acquired · 41.98K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
−1.25K
Price / share
$32.88
Trade value
$41K
% of position
3.5%
5/1/2020
35.51K→34.27K
Common Stock
Direct
Shares
+2.32K
Price / share
—
Trade value
—
% of position
6.8%
5/1/2020
34.27K→36.59K
Common Stock
Direct
Shares
−36.59K
Price / share
—
Trade value
—
% of position
New position
5/1/2020
36.59K→0.00
Total
Net shares
−35.51K
Net value
-$41K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/1/2020 | F · Tax Withholding | −1.25K | $32.88 | $41K | 3.5% | 35.51K | 34.27K |
| Common Stock Direct | 5/1/2020 | M · Option Exercise | +2.32K | — | — | 6.8% | 34.27K | 36.59K |
| Common Stock Direct | 5/1/2020 | D · Disposition | −36.59K | — | — | New position | 36.59K | 0.00 |
| Total | −35.51K | -$41K | ||||||
Derivative Transactions2
Option to Purchase Common Stock
Direct
Converts to
Common Stock
828.00 shares
Shares
−828.00
Strike price
30.9
Held after
0.00
Exercisable
—
5/1/2020
Restricted Stock Units
Direct
Converts to
Common Stock
3.32K shares
Shares
−3.32K
Strike price
Held after
0.00
Exercisable
—
5/1/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock Direct | Common Stock828.00 shares | 5/1/2020 | D · Disposition | −828.00 | 30.9 | — | 0.00 |
| Restricted Stock Units Direct | Common Stock3.32K shares | 5/1/2020 | D · Disposition | −3.32K | — | 0.00 |