SEC Form 4 · accession 0000870385-17-000035
CAROLINA FINANCIAL CORP · CARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary M Griffin
Director
Period of report
May 19, 2017
Accepted (ET)
May 23, 2017 · 3:37 pm EDT
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 STOCKF1 | May 19, 2017 | A | 10,458 | $0.00 | A | 11,114 | D | |
| COMMON STOCKF1 | May 19, 2017 | A | 6,248 | $0.00 | A | 6,248 | I | BY THE HAYNE PRESTON GRIFFIN BURCH IRREVOCABLE TRUST |
| COMMON STOCKF1,F2 | May 19, 2017 | A | 2,726 | $0.00 | A | 2,726 | I | BY SPOUSE |
| COMMON STOCKF1 | May 19, 2017 | A | 868 | $0.00 | A | 868 | I | BY IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for shares of Greer Bancshares Incorporated common stock in connection with the merger of Greer Bancshares Incorporated with Carolina Financial Corporation based on an exchange ratio of 0.782 shares of Carolina Financial Corporation common stock for each share of Greer Bancshares Incorporated common stock for which the reporting person or other shareholder elected to receive stock consideration.
- F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of section 16 or for any other purposes.