0001127602-16-037472.txt : 20160121
0001127602-16-037472.hdr.sgml : 20160121
20160121113136
ACCESSION NUMBER: 0001127602-16-037472
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160120
FILED AS OF DATE: 20160121
DATE AS OF CHANGE: 20160121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEWBRIDGE BANCORP
CENTRAL INDEX KEY: 0000714530
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 561348147
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1501 HIGHWOODS BOULEVARD
STREET 2: SUITE 400
CITY: GREENSBORO
STATE: NC
ZIP: 27410
BUSINESS PHONE: 336-369-0900
MAIL ADDRESS:
STREET 1: P O BOX 18807
CITY: GREENSBORO
STATE: NC
ZIP: 27419
FORMER COMPANY:
FORMER CONFORMED NAME: LSB BANCSHARES INC /NC/
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Budd William Wesley JR
CENTRAL INDEX KEY: 0001387020
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-11448
FILM NUMBER: 161352820
MAIL ADDRESS:
STREET 1: P.O. BOX 2037
CITY: REIDSVILLE
STATE: NC
ZIP: 27323
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2016-01-20
0000714530
NEWBRIDGE BANCORP
NBBC
0001387020
Budd William Wesley JR
P. O. BOX 18807
GREENSBORO
NC
27419
1
SEVP and Chief Credit Officer
Class A Common Stock
2016-01-20
4
A
0
10405
0
A
31381
D
Class A Common Stock
2016-01-20
4
F
0
3964
12.18
D
27417
D
Class A Common Stock
1463
I
Deferred Trust
Incentive Stock Option (Right to Buy)
13.6449
2008-01-25
2017-01-25
Class A Common Stock
5350
5350
D
Restricted Stock Units
2016-01-01
Class A Common Stock
3465
3465
D
Restricted Stock Units
2017-01-01
Class A Common Stock
7093
7093
D
Restricted Stock Units
2018-01-01
Class A Common Stock
10000
10000
D
Restricted Stock Units
2016-01-01
Class A Common Stock
1155
1155
D
On 1/1/2016, 10,405 restricted stock units vested pursuant to their terms. On 1/20/2016, 6,441 shares of Class A Common Stock were issued to Mr. Budd. The balance (3,964 shares) were withheld to satisfy certain tax withholding obligations related to the vesting of the restricted stock units.
Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.
The 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.
No expiration date.
The 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.
The 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.
/s/ Richard M. Cobb, attorney-in-fact for William Wesley Budd, Jr.
2016-01-21