SEC Form 4 · accession 0000870385-16-000036
CAROLINA FINANCIAL CORP · CARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Gehman III
Officer — Exec VP and CFO
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 11:46 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000870385
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F1 | $16.83 | Mar 16, 2016 | A | 4,000 | A | — | Mar 16, 2026 | COMMON STOCK | 4,000 | 4,000 | D |
Explanation of responses
- F1THE STOCK OPTION VESTS IN FOUR EQUAL ANNUAL INSTALLMENTS BEGINNING ON MARCH 16, 2017.