SEC Form 4 · accession 0000870385-17-000002
CAROLINA FINANCIAL CORP · CARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Gehman III
Officer — CFO
Period of report
Jan 20, 2017
Accepted (ET)
Jan 23, 2017 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000870385
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 20, 2017 | F | 273 | $28.36 | D | 34,834 | D | |
| COMMON STOCKF1 | Jan 21, 2017 | M | 1,296 | $0.00 | A | 36,130 | D | |
| COMMON STOCK | Jan 21, 2017 | F | 704 | $29.25 | D | 35,426 | D | |
| COMMON STOCK | Jan 21, 2017 | F | 391 | $29.25 | D | 35,035 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITSF1 | $29.25 | Jan 21, 2017 | M | 1,296 | A | Jan 21, 2017 | Jan 21, 2017 | COMMON STOCK | 1,296 | 704 | D |
Explanation of responses
- F1These shares were issued upon the vesting of Restricted Stock Units from January 2015. On July 31, 2015, the Company paid a 20% stock dividend which has been accounted for in the total shares held on this Section 16 form.