SEC Form 4 · accession 0000870385-19-000010
CAROLINA FINANCIAL CORP · CARO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fowler C. Williams
Officer — CEO, Crescent Mortgage Company
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 12:54 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 StockF1 | Feb 15, 2019 | M | 1,618 | — | A | 30,859 | D | |
| Common StockF2 | Feb 15, 2019 | F | 710 | $36.15 | D | 30,149 | 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 | — | Feb 15, 2019 | M | 1,618 | D | — | — | Common Stock | 1,618 | 0 | D |
Explanation of responses
- F1These shares were issued upon the vesting of restricted stock units from February 2017, which converted into common stock on a one-for-one basis.
- F2These shares include shares sold to cover tax withholdings on the vesting of restricted stock units from February 2017 and the vesting of restricted stock from February 2017.