SEC Form 4 · accession 0001497275-19-000036
STATE BANK FINANCIAL CORP · STBZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford L. Watkins
Officer — Dir. Commercial Finance Group
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 1:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001497275
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 1, 2019 | F | 3,334 | $0.00 | D | 56,684 | D | |
| COMMON STOCKF1 | Jan 1, 2019 | D | 56,684 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to an agreement and plan of merger between STBZ and Cadence Bancorporation ("Cadence") in exchange for 72,045 shares of Cadence Class A common stock having a market value of $16.78 per share as of December 31, 2018, the last trading day before the effective date of the merger, which represents an exchange ratio of 1.271 shares of Cadence Class A common stock for each share of STBZ common stock.