0001437749-18-001933.txt : 20180207
0001437749-18-001933.hdr.sgml : 20180207
20180207163813
ACCESSION NUMBER: 0001437749-18-001933
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180104
FILED AS OF DATE: 20180207
DATE AS OF CHANGE: 20180207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carrazza Michael A.
CENTRAL INDEX KEY: 0001498203
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-29599
FILM NUMBER: 18581594
MAIL ADDRESS:
STREET 1: 885 THIRD AVENUE; 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PATRIOT NATIONAL BANCORP INC
CENTRAL INDEX KEY: 0001098146
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 061559137
STATE OF INCORPORATION: CT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 900 BEDFORD ST
CITY: STAMFORD
STATE: CT
ZIP: 06901
BUSINESS PHONE: 2033247500
4
1
rdgdoc.xml
FORM 4
X0306
4
2018-01-04
0001098146
PATRIOT NATIONAL BANCORP INC
PNBK
0001498203
Carrazza Michael A.
C/O PATRIOT NATIONAL BANCORP, INC.
900 BEDFORD STREET
STAMFORD
CT
06901
1
1
1
CEO & Chairman of the Board
Common Stock
2018-01-04
4
J
0
1630
0
A
7330
I
Solaia Capital Management Profit Sharing Plan FBO Michael A. Carrazza
Common Stock
2018-01-04
4
J
0
9781
0
A
11231
D
Common Stock
2018-01-12
4
A
0
11200
17.85
A
22431
D
Common Stock
2018-01-04
4
J
0
840000
0
D
2195000
I
By PNBK Holdings LLC
On January 4, 2018, PNBK Holdings LLC ("Holdings") conducted an in-kind distribution (the "In-Kind Distribution") of shares of restricted common stock of the Issuer to shareholders of Holdings. Solaia Capital Management Profit Sharing Plan FBO Michael A. Carrazza received 1,630 shares of common stock in the In-Kind Distribution.
On January 4, 2018, the Reporting Person received 9,781 shares of common stock in the In-Kind Distribution.
On January 12, 2018, the Reporting Person was granted 11,200 shares of restricted common stock of the Issuer, which will vest quarterly in equal installments over a four-year period commencing from January 1, 2018, under the Issuer's 2012 Stock Plan, as amended. As of the date hereof, the Reporting Person directly owned a total of 22,431 shares of common stock of the Issuer.
On January 4, 2018, Holdings distributed an aggregate number of 840,000 shares of restricted common stock of the Issuer in the In-Kind Distribution. The Reporting Person is the managing member of PNBK Sponsor LLC, which is the managing member of Holdings; therefore, the Reporting Person may be deemed to indirectly beneficially own the shares directly owned by Holdings. The number of shares reported hereunder does not include 325,000 shares owned by Holdings with respect to which Fabrizio Bentivoglio has sole voting and dispositive power.
/s/ Michael A. Carrazza
2018-02-07