Ellert Kent S 4
4 · FCB FINANCIAL HOLDINGS, INC. · Filed Jan 2, 2019
Insider Transaction Report
Form 4
Ellert Kent S
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Class A Common Stock, par value $.001 per share
2019-01-01−328,412→ 0 total - Disposition to Issuer
Option to Purchase
2019-01-01−125,000→ 0 totalExercise: $19.75Exp: 2023-12-23→ Class A Common Stock (125,000 underlying) - Disposition to Issuer
Option to Purchase
2019-01-01−100,000→ 0 totalExercise: $19.75Exp: 2024-04-29→ Class A Common Stock (100,000 underlying) - Disposition to Issuer
Option to Purchase
2019-01-01−50,000→ 0 total(indirect: By Spouse)Exercise: $36.11Exp: 2026-08-08→ Class A Common Stock (50,000 underlying) - Disposition to Issuer
Class A Common Stock, par value $.001 per share
2019-01-01−2,952→ 0 total(indirect: By Spouse)
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer and Synovus Financial Corp. ("Synovus") in exchange for 346,474 shares of common stock, par value $1.00 per share, of Synovus having a market value of $31.99 per share as of the close of trading on December 31, 2018, the last trading day prior to the effective time of the merger.
- [F2]Disposed of pursuant to the Merger Agreement in exchange for 3,114 shares of common stock, par value $1.00 per share, of Synovus having a market value of $31.99 per share as of the close of trading on December 31, 2018, the last trading day prior to the effective time of the merger.
- [F3]This option, which provided for vesting immediately upon issuance on December 23, 2013 and became exercisable in equal installments 6, 18 and 30 months following the Issuer's initial public offering, was converted into an option to purchase 131,875 shares of Synovus common stock for $18.72 per share.
- [F4]This option, which provided for vesting immediately upon the Issuer's initial public offering and became exercisable in equal installments 6, 18 and 30 months following such offering, was converted into an option to purchase 105,500 shares of Synovus common stock for $18.72 per share.
- [F5]This option, which provided for vesting and exercisability on August 8, 2021, was converted into an option to purchase 52,750 shares of Synovus common stock for $34.23 per share.