Harold Wyatt - Aug 2, 2021 Form 4/A - Amendment Insider Report for COLONY BANKCORP INC (CBAN)

Role
Director
Signature
Lee Bagwell, as attorney-in-fact for Harold Wyatt
Stock symbol
CBAN
Transactions as of
Aug 2, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/6/2021, 12:30 PM
Date Of Original Report
Aug 3, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBAN COLONY BANKCORP, INC COMMON STOCK Award +31.7K 31.7K Aug 2, 2021 Direct F1
transaction CBAN COLONY BANKCORP, INC COMMON STOCK Award +94K 94K Aug 2, 2021 Limited Partnership F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired in exchange for 49,945 shares of SouthCrest Financial Group, Inc. ("SouthCrest") in connection with the merger of SouthCrest with and into the issuer (the "Merger"). At the effective time of the Merger, each share of SouthCrest capital stock that was allocated stock consideration was converted into the right to receive approximately 0.7318 shares of the issuer's common stock. On the effective date of the Merger, the closing price of the issuer's common stock was $17.90 per share.
F2 Acquired in exchange for 148,064 shares of SouthCrest Financial Group, Inc. ("SouthCrest") in connection with the merger of SouthCrest with and into the issuer (the "Merger").
F3 Represents the holdings of Wyatt Investment Group LP, of which the reporting person is a limited partner. The reporting person disclaims beneficial ownership of registrant common stock held by Wyatt Investment Group LP except to the extent of his pecuniary interest. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities by any reporting person for purposes of Section 16 or for any other purpose.