4//SEC Filing
Monarch Financial Holdings, Inc. 4
Accession 0001140361-16-070987
CIK 0001364856operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 1:39 PM ET
Size
5.0 KB
Accession
0001140361-16-070987
Insider Transaction Report
Form 4
OMAN ROBERT M
Director
Transactions
- Disposition to Issuer
Common Stock
2016-06-24−75,807→ 0 total
Footnotes (1)
- [F1]Effective June 24, 2016, Monarch Financial Holdings, Inc. (the "Company") merged with and into TowneBank, with TowneBank as the surviving company, pursuant to an Agreement and Plan of Reorganization, dated as of December 16, 2015, by and among the Company, Monarch Bank and TowneBank (the "Merger"). In the Merger, each share of the Company's common stock converted into 0.8830 shares of TowneBank common stock. The closing price of TowneBank's common stock on June 24, 2016 was $21.21 per share.
Documents
Issuer
Monarch Financial Holdings, Inc.
CIK 0001364856
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001364856
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 1:39 PM ET
- Size
- 5.0 KB