4//SEC Filing
Holloway Louis 4
Accession 0000899243-18-000321
CIK 0001179500other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:51 PM ET
Size
10.3 KB
Accession
0000899243-18-000321
Insider Transaction Report
Form 4
Holloway Louis
Chief Executive Officer
Transactions
- Disposition to Issuer
Community First, Inc. Common Stock
2018-01-01−66,716→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2018-01-01$0.00/sh−2,500$5→ 0 totalExercise: $19.00From: 2009-01-05Exp: 2019-01-05→ Common Stock (2,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-01-01$0.00/sh−2,000$4→ 0 totalExercise: $30.00From: 2008-01-02Exp: 2018-01-02→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]On January 1, 2018, pursuant to that Agreement and Plan of Merger, dated as of August 22, 2017 (the "Merger Agreement"), by and among Community First, Inc. ("CFI"), Reliant Bancorp, Inc. (f/k/a Commerce Union Bancshares, Inc., "Reliant"), Pioneer Merger Sub, Inc. ("Merger Sub"), Community First Bank & Trust and Reliant Bank, Merger Sub merged with and into CFI, with CFI surviving the merger as wholly-owned subsidiary of CFI (the "Merger").
- [F2](Continued from footnote 1) Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, no par value, of CFI issued and outstanding immediately prior to the effective time of the Merger (other than Excluded Shares and Dissenting Shares (each as defined in the Merger Agreement)) was converted into the right to receive 0.481 shares of Reliant common stock, $1.00 par value per share (subject to the payment of cash in lieu of fractional shares). As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of CFI common stock.
- [F3]In connection with the merger, the option was canceled by mutual agreement of the reporting person and CFI. The reporting person received $10.00 in the aggregate as consideration for the cancellation.
Documents
Issuer
COMMUNITY FIRST INC
CIK 0001179500
Entity typeother
Related Parties
1- filerCIK 0001448785
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:51 PM ET
- Size
- 10.3 KB