Betts Benjamin F Jr 4
4 · Sunshine Financial, Inc. · Filed Apr 3, 2018
Insider Transaction Report
Form 4
Betts Benjamin F Jr
Director
Transactions
- Disposition to Issuer
Common Stock
2018-04-01−6,500→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to a merger agreement with The First Bancshares, Inc. ("FBMS"), with each share being exchanged, at the option of the shareholder, for either (i) $27.00 in cash, or (ii) 0.93 of a share of FBMS common stock with a market value of $32.25 as of the effective time of the merger, provided that the total mix of cash consideration and stock consideration to be issued by FBMS to holders of Sunshine common stock is fixed at 75% stock and 25% cash.