4//SEC Filing
SINGLETON MARSHALL T 4
Accession 0001144204-17-055673
CIK 0001027183other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 9:30 AM ET
Size
8.4 KB
Accession
0001144204-17-055673
Insider Transaction Report
Form 4
SINGLETON MARSHALL T
Director
Transactions
- Disposition to Issuer
Common Stock
2017-11-01−244,926→ 0 total - Disposition to Issuer
Common Stock
2017-11-01−9,234→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2017-11-01−7,512→ 0 total(indirect: By Spouse)
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger and Reorganization, dated as of June 9, 2017 (the "Merger Agreement"), between Carolina Financial Corporation ("CARO") and the Issuer, pursuant to which the Issuer was merged with and into CARO effective November 1, 2017 (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.5064 shares of CARO common stock (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 Issuer common stock.
Documents
Issuer
FIRST SOUTH BANCORP INC /VA/
CIK 0001027183
Entity typeother
Related Parties
1- filerCIK 0001231221
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 9:30 AM ET
- Size
- 8.4 KB