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 |
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. |