Home/Filings/4/0000870385-20-000013
4//SEC Filing

CRISP LINDSEY A 4

Accession 0000870385-20-000013

CIK 0000870385other

Filed

May 3, 8:00 PM ET

Accepted

May 4, 10:45 AM ET

Size

8.4 KB

Accession

0000870385-20-000013

Insider Transaction Report

Form 4
Period: 2020-05-01
Transactions
  • Disposition to Issuer

    Common Stock

    2020-05-019870 total(indirect: By IRA)
  • Disposition to Issuer

    Common Stock

    2020-05-015,4180 total(indirect: By IRA)
  • Disposition to Issuer

    Common Stock

    2020-05-011,3060 total
Footnotes (1)
  • [F1]Disposed of in accordance with the Agreement and Plan of Merger, dated as of November 19, 2020 (the "Merger Agreement"), by and between Carolina Financial Corporation and United Bancshares, Inc., pursuant to which Carolina Financial Corporation was merged with and into United Bancshares, Inc., effective May 1, 2020 (the "Merger"). On May 1, 2020, the effective date of the Merger, each issued and outstanding share of Carolina Financial Corporation of common stock was converted into the right to receive 1.13 shares of United Bankshares, Inc. common stock (subject to the payment of cash in lieu of fractional shares). As a result of the Merger, the Reporting Person no longer beneficially owns, directly or indirectly, any shares of Carolina Financial Corporation common stock.

Issuer

CAROLINA FINANCIAL CORP

CIK 0000870385

Entity typeother

Related Parties

1
  • filerCIK 0001638417

Filing Metadata

Form type
4
Filed
May 3, 8:00 PM ET
Accepted
May 4, 10:45 AM ET
Size
8.4 KB