4//SEC Filing
CAROLINA NATIONAL CORP 4
Accession 0001403127-08-000005
CIK 0001157648operating
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:45 PM ET
Size
15.2 KB
Accession
0001403127-08-000005
Insider Transaction Report
Form 4
JOHNSON I S LEEVY
Director
Transactions
- Disposition to Issuer
Stock Warrants
2008-01-31$11.65/sh−6,667$77,671→ 0 totalExercise: $10.00Exp: 2012-07-15→ Common Stock (6,667 underlying) - Disposition to Issuer
Common Stock
2008-01-31−2,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Options
2008-01-31−150→ 0 totalExercise: $18.25Exp: 2017-04-01→ Common Stock (150 underlying) - Disposition to Issuer
Common Stock
2008-01-31−11,125→ 0 total - Disposition to Issuer
Stock Options
2008-01-31−221→ 0 totalExercise: $17.75Exp: 2017-01-22→ Common Stock (221 underlying) - Disposition to Issuer
Stock Options
2008-01-31−1,162→ 0 totalExercise: $16.26Exp: 2017-07-01→ Common Stock (1,162 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between issuer and First National Bancshares, Inc. for stock and/or cash subject to election and adjustment exchange agent.
- [F2]Option provided for vesting in annual installments and all had vested. Options were assumed in merger and converted to options to purchase 1.4678 shares of shares of First National common stock for each CNCP shares at $6.81 per share.
- [F3]Warrants were cancelled in the merger in exchange for cash payment of $11.65 per share.
Documents
Issuer
CAROLINA NATIONAL CORP
CIK 0001157648
Entity typeoperating
IncorporatedSC
Related Parties
1- filerCIK 0001157648
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:45 PM ET
- Size
- 15.2 KB