X0306 4 2016-06-17 1 0001083689 SOUTHCOAST FINANCIAL CORP SOCB 0001370525 Pearson Lewis Wayne 530 JOHNNIE DODDS BOULEVARD MT. PLEASANT SC 29464 1 1 0 0 Chief Executive Officer Common Stock 2016-06-17 4 D 0 359022 D 0 D Disposal pursuant to merger between issuer and BNC Bancorp, effective June 17, 2016, in exchange for 0.6068 shares of BNC Bancorp common stock per share, with the BNC common stock having a market value of $23.22 at closing of the market on June 16, 2016. L. Wayne Pearson 2016-06-17