4//SEC Filing
Wear M Lane 4
Accession 0001580888-20-000027
CIK 0000315849other
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 3:03 PM ET
Size
5.5 KB
Accession
0001580888-20-000027
Insider Transaction Report
Form 4
Wear M Lane
Director
Transactions
- Disposition to Issuer
Southwest Georgia Financial Corp
2020-04-03−13,270→ 13,270 total
Footnotes (1)
- [F1]"Pursuant to the Agreement and Plan of Merger, dated December 18, 2019, by and between Southwest Georgia Financial Corporation ("SGB") and The First Bancshares, Inc. ("First Bancshares"), SGB merged with and into First Bancshares with First Bancshares as the surviving corporation (the "Merger"). At 12:01 a.m. on April 3, 2020, the effective time of the Merger (the "Effective Time"), each share of common stock, par value $1.00 per share, of SGB Common Stock ("SGB Common Stock") issued and outstanding immediately prior to the Effective Time (except for certain cancelled shares) was converted into the right to receive, without interest, 1.00 share of the common stock, par value $1.00 per share, of First Bancshares (such shares, the "Merger Consideration"). The closing price of First Bancshares Common Stock on The Nasdaq Stock Market at the Effective Time was $17.94.
Documents
Issuer
SOUTHWEST GEORGIA FINANCIAL CORP
CIK 0000315849
Entity typeother
Related Parties
1- filerCIK 0001392880
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 3:03 PM ET
- Size
- 5.5 KB