Yadkin Financial (YDKN) Form 4 YADKIN FINANCIAL / Robin Snipes Hager ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hager Robin Snipes

(Last) (First) (Middle)

P. O. BOX 18807

(Street)

GREENSBORO NC 27419

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
YADKIN FINANCIAL Corp [ YDKN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Administrative Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	03/25/2016(1)		M		3,115(2)	A	$22.19(3)	11,056	D
Common Stock								5,319	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
Stock Options	$19.64							01/22/2009	01/22/2018	Common Stock	2,500		2,500	D
Restricted Stock Units	(4)							01/01/2017	(5)	Common Stock	3,546		3,546	D
Restricted Stock Units	(3)	03/25/2016(1)		M			5,000	03/01/2016	(1)	Common Stock	5,000	$0	0	D

Explanation of Responses:

1. Restricted Stock Units fully vested pursuant to the Merger Agreement with NewBridge Bancorp on the effective date of merger, 3/1/2016, and were issued on 3/25/2016.

2. On 3/25/16, 3,115 shares were issued to the reporting person. The balance (1,885 shares) were surrendered to satisfy tax withholding obligations.

3. Price per share based on the closing stock price on the effective date of merger.

4. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock upon vesting of the unit.

5. No expiration date

Remarks:

	/s/ Nancy A. Snow, attorney-in-fact for Robin S. Hager	03/29/2016
	** 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.
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