FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Reid Brian K. 		2. Issuer Name and Ticker or Trading Symbol

Paragon Commercial CORP [ PBNC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Triangle Market President
(Last)          (First)          (Middle)

C/O PARAGON COMMERCIAL CORPORATION, 3535 GLENWOOD AVENUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/28/2017
(Street)

RALEIGH, NC 27612
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/21/2017     G   V 500   (1) D $0.00   3500   I   By children  
Common Stock   11/28/2017     G   V 331   D $0.00   12269   (2) D    
Common Stock   12/4/2017     G   V 19   D $0.00   12250   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock   $0.00                      (3)   (3) Common Stock   1500     1500   D    
Restricted Stock   $0.00                      (4)   (4) Common Stock   1126     1126   D    

Explanation of Responses:
(1)  Represents a transfer of shares from the Reporting Person's child.
(2)  Includes 500 shares previously held by the Reporting Person's children.
(3)  The restricted stock vests and becomes freely transferable on April 1, 2018.
(4)  The restricted stock vests and becomes freely transferable on April 1, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Reid Brian K.
C/O PARAGON COMMERCIAL CORPORATION
3535 GLENWOOD AVENUE
RALEIGH, NC 27612

Triangle Market President

Signatures
/s/Jonathan A. Greene, by Power of Attorney 12/7/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Paragon Commercial Corp. (NASDAQ:PBNC)
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Paragon Commercial Corp. (NASDAQ:PBNC)
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부터 7월(7) 2023 으로 7월(7) 2024 Paragon Commercial Corp. 차트를 더 보려면 여기를 클릭.