WOOD RICHARD F 4
4 · BNC BANCORP · Filed Jun 18, 2012
Insider Transaction Report
Form 4
BNC BANCORPBNCN
WOOD RICHARD F
Director
Transactions
- Other
Common Stock - Swapping Options
2012-06-15$8.40/sh−2,142$17,993→ 3,138 total - Exercise/Conversion
Options to purchase
2012-06-15$5.95/sh−3,025$17,996→ 0 totalExercise: $5.95From: 2002-06-17Exp: 2012-06-17→ common stock (3,025 underlying) - Exercise/Conversion
Common Stock - Swappint Options
2012-06-15$5.95/sh+3,025$17,996→ 6,163 total
Footnotes (1)
- [F1]Disposition of shares is in connection with the exercise of a derivitive security pursuant to the BNC Non-employee/Director Stock Option Plan which allows for exercise of an option using stock owned by a plan participant as part of or all of the exercise price.