4//SEC Filing
TIDELANDS BANCSHARES INC 4
Accession 0001178409-16-000009
CIK 0001178409operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 1:23 PM ET
Size
9.5 KB
Accession
0001178409-16-000009
Insider Transaction Report
Form 4
CLEMMONS ALAN D
Director
Transactions
- Sale
Common Stock
2015-08-26$0.22/sh−210$46→ 61,550 total - Sale
Common Stock
2013-08-08$0.31/sh−225$69→ 61,895 total - Sale
Common Stock
2014-08-19$0.38/sh−135$51→ 61,760 total - Disposition to Issuer
Common Stock
2016-07-01$0.52/sh−61,550$32,006→ 0 total
Footnotes (2)
- [F1]Reflects shares sold by the reporting person's broker to pay annual maintenance fees associated with the reporting person's brokerage account. The sales were made without the reporting person's knowledge.
- [F2]Disposed of pursuant to that certain Agreement and Plan of Merger dated as of April 4, 2016, as amended, between Tidelands Bancshares, Inc. ("Tidelands") and United Community Banks, Inc. ("United"), pursuant to which Tidelands was merged with and into United. At the effective time of the merger, each share of Tidelands common stock was cancelled and converted into the right to receive $0.52 in cash.
Documents
Issuer
TIDELANDS BANCSHARES INC
CIK 0001178409
Entity typeoperating
Related Parties
1- filerCIK 0001178409
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 1:23 PM ET
- Size
- 9.5 KB