Hodges William A 4
4 · Capital Bank Financial Corp. · Filed Dec 4, 2017
Insider Transaction Report
Form 4
Hodges William A
Director
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2017-11-30−42,813→ 0 total
Footnotes (1)
- [F1]On November 30, 2017, pursuant to the Agreement and Plan of Merger, dated May 3, 2017 (the "Merger Agreement"), by and between First Horizon National Corporation ("First Horizon"), Capital Bank Financial Corp. ("Capital Bank Financial"), and Firestone Sub, Inc. ("Merger Sub"), Merger Sub merged with and into Capital Bank Financial (the "Merger"), with Capital Bank Financial as the surviving corporation in the Merger. Under the terms and conditions of the Merger Agreement, at the effective time of the Merger, each share of Capital Bank Financial's Class A Common Stock and Class B Non-Voting Common Stock was converted into the right to receive either $40.573 in cash (the "Cash Consideration") or 2.1732 shares of First Horizon's Common Stock, at the election of the holder and subject to procedures applicable to oversubscription and undersubscription for Cash Consideration set forth in the Merger Agreement.