Home/Filings/4/0000870385-20-000018
4//SEC Filing

MOISE ROBERT M. 4

Accession 0000870385-20-000018

CIK 0000870385other

Filed

May 3, 8:00 PM ET

Accepted

May 4, 11:48 AM ET

Size

8.3 KB

Accession

0000870385-20-000018

Insider Transaction Report

Form 4
Period: 2020-05-01
Transactions
  • Disposition to Issuer

    Common Stock

    2020-05-019,6000 total(indirect: By Pitt Street Investments)
  • Disposition to Issuer

    Common Stock

    2020-05-0199,0700 total
  • Disposition to Issuer

    Common Stock

    2020-05-019,6000 total(indirect: By Spouse)
Footnotes (1)
  • [F1]Disposed of in accordance with the Agreement and Plan of Merger, dated as of November 17, 2019 (the "Merger Agreement") by and between Carolina Financial Corporation and United Bancshares, Inc., pursuant to which Carolina Financial Corporation was merged with and into United Bancshares Inc., effective May 1, 2020 (the "Merger"). On May 1, 2020, the effective date of the Merger, each issued and outstanding share of Carolina Financial Corporation common stock was converted into the right to receive 1.13 shares of United Bancsharez, Inc. common stock (subject to the payment of cash in lieu of fractional shares). As a result of the Merger, a Reporting Person no longer beneficially owns, directly or indirectly, any shares of Carolina Financial Corporation common stock.

Issuer

CAROLINA FINANCIAL CORP

CIK 0000870385

Entity typeother

Related Parties

1
  • filerCIK 0001600311

Filing Metadata

Form type
4
Filed
May 3, 8:00 PM ET
Accepted
May 4, 11:48 AM ET
Size
8.3 KB