SEC Form 3 · accession 0000899243-16-034192
EQUITY BANCSHARES INC · EQBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann B Main
Officer — See Remarks
Period of report
Nov 14, 2016
Accepted (ET)
Nov 22, 2016 · 6:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001227500
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | holding | — | — | — | 3,504 | D | ||
| Class A Common StockF2,F3 | holding | — | — | — | 3,303 | I | Main Family Living Trust DTD. 03-01-02 | |
| Class A Common StockF2,F4 | holding | — | — | — | 6,617 | I | By Community First Bank Employee Stock Ownership Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents (i) 2,904 shares of Class A common stock of Equity Bancshares, Inc. (the "Issuer") received in exchange for shares of common stock of Community First Bancshares, Inc. ("CFBI") pursuant that certain Agreement and Plan of Reorganization, dated July 14, 2016 (the "Agreement"), between the Issuer and CFBI, and (ii) 600 shares of Class A common stock of the Issuer previously owned by the reporting person. Under the Agreement, the exchange ratio was 7.261 shares of Issuer Class A common stock for each share of CFBI common stock, with fractional shares paid in cash.
- F2Represents shares of Class A common stock of the Issuer received in exchange for shares of common stock of CFBI pursuant to the Agreement.
- F3The reporting person and her spouse are Co-Trustees of the Main Family Living Trust DTD. 03-01-02.
- F4Represents (i) 2,348 shares allocated to the reporting person under the Community First Bank Employee Stock Ownership Plan (the "ESOP") and (ii) 4,269 shares held by the ESOP of which the reporting person serves as Co-Trustee. Such shares are pending distribution the ESOP participants subject to the satisfaction of certain conditions. The reporting person disclaims beneficial ownership of the shares held by the ESOP, except to the extent of her pecuniary interest in such shares.
Remarks
Ozark Mountain Region President Exhibit 24 - Power of Attorney