SEC Form 4 · accession 0000927089-18-000158
Sunshine Financial, Inc. · SSNF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin F Betts Jr.
Director
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 9:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001500837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2018 | D | 6,500 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to a merger agreement with The First Bancshares, Inc. ("FBMS"), with each share being exchanged, at the option of the shareholder, for either (i) $27.00 in cash, or (ii) 0.93 of a share of FBMS common stock with a market value of $32.25 as of the effective time of the merger, provided that the total mix of cash consideration and stock consideration to be issued by FBMS to holders of Sunshine common stock is fixed at 75% stock and 25% cash.