0000870385-20-000016.txt : 20200504
0000870385-20-000016.hdr.sgml : 20200504
20200504114024
ACCESSION NUMBER: 0000870385-20-000016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200501
FILED AS OF DATE: 20200504
DATE AS OF CHANGE: 20200504
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Isaac Daniel H Jr
CENTRAL INDEX KEY: 0001673936
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10897
FILM NUMBER: 20843500
MAIL ADDRESS:
STREET 1: 288 MEETING STREET
CITY: CHARLESTON
STATE: SC
ZIP: 29401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CAROLINA FINANCIAL CORP
CENTRAL INDEX KEY: 0000870385
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 571039673
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 288 MEETING STREET
CITY: CHARLESTON
STATE: SC
ZIP: 29401
BUSINESS PHONE: 843-723-7700
MAIL ADDRESS:
STREET 1: 288 MEETING STREET
CITY: CHARLESTON
STATE: SC
ZIP: 29401
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2020-05-01
1
0000870385
CAROLINA FINANCIAL CORP
CARO
0001673936
Isaac Daniel H Jr
288 MEETING STREET
CHARLESTON
SC
29401
1
0
0
0
Common Stock
2020-05-01
4
D
0
79649
D
0
D
Disposed of in accordance with the Agreement and Plan of Merger, dated as of November 17, 2019 (the "Merger Agreement") by and between Carolina Financial Corporation and United Bancshares, Inc., pursuant to which Carolina Financial Corporation was merged with and into United Bancshares Inc., effective May 1, 2020 (the "Merger"). On May 1, 2020, the effective date of the Merger, each issued and outstanding share of Carolina Financial Corporation common stock was converted into the right to receive 1.13 shares of United Bancsharez, Inc. common stock (subject to the payment of cash in lieu of fractional shares). As a result of the Merger, a Reporting Person no longer beneficially owns, directly or indirectly, any shares of Carolina Financial Corporation common stock.
/s/Daniel H. Isaac, Jr.
2020-05-04