Sec Form 4 Filing - Marshall Christopher G @ Capital Bank Financial Corp. - 2017-11-20

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Marshall Christopher G 2. Issuer Name and Ticker or Trading Symbol Capital Bank Financial Corp. [ CBF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) C/O CAPITAL BANK FINANCIAL CORP., 4725 PIEDMONT ROW DRIVE, SUITE 110 3. Date of Earliest Transaction (MM/DD/YY) 11/20/2017 (Street) CHARLOTTE, NC28210 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Class A Common Stock, par value $0.01 per share 11/20/2017 M 469,167 A $ 20 669,772 D Class A Common Stock, par value $0.01 per share 11/20/2017 M 139,522 A $ 20 809,294 D Class A Common Stock, par value $0.01 per share 11/20/2017 F 447,477 D $ 40.4 361,817 ( 1 ) D Restricted Common Stock 26,919 ( 2 ) D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 Common Stock Option (Right to Buy) ( 3 ) $ 20 11/20/2017 M 469,167 ( 3 ) 12/22/2019 Class A Common Stock, par value $0.01 per share 469,167 $ 0 0 D Common Stock Option (Right to Buy) ( 4 ) $ 20 11/20/2017 M 139,522 ( 4 ) 01/12/2022 Class A Common Stock, par value $0.01 per share 139,522 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Marshall Christopher G C/O CAPITAL BANK FINANCIAL CORP. 4725 PIEDMONT ROW DRIVE, SUITE 110 CHARLOTTE, NC28210 Chief Financial Officer Signatures /s/ Christopher G. Marshall 11/20/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )An aggregate of 447,477 shares of Class A Common Stock, par value $0.01 per share, otherwise due to the Reporting Person as a result of the stock options exercises described herein were withheld to cover the exercise cost as well as applicable taxes. ( 2 )Shares of Restricted Common Stock vest ratably over a three year period in annual installments. ( 3 )Consists of stock options granted in March 2011. One half of the stock options granted in March 2011 vested on December 22, 2011 and the other half of the stock options granted in March 2011 vested on December 22, 2012. ( 4 )Consists of stock options granted in January 2012. One half of the stock options granted in January 2012 vested on January 12, 2012 and the other half of the stock options granted in January 2012 vested on January 12, 2013.

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).

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