Schmitt Brian D 4
4 · COLONY BANKCORP INC · Filed Aug 5, 2021
Insider Transaction Report
Form 4
Schmitt Brian D
DirectorExecutive Vice Chairman
Transactions
- Award
COLONY BANKCORP, INC COMMON STOCK
2021-08-02+48,666→ 53,666 total
Footnotes (1)
- [F1]Acquired in exchange for 76,654 shares of SouthCrest Financial Group, Inc. ("SouthCrest") in connection with the merger of SouthCrest with and into the issuer (the "Merger"). At the effective time of the Merger, each share of SouthCrest capital stock that was allocated stock consideration was converted into the right to receive approximately 0.7318 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $17.90 per share.