0001140361-17-040999.txt : 20171103
0001140361-17-040999.hdr.sgml : 20171103
20171103170814
ACCESSION NUMBER: 0001140361-17-040999
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171101
FILED AS OF DATE: 20171103
DATE AS OF CHANGE: 20171103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEHMAN KENNETH R
CENTRAL INDEX KEY: 0001170549
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22787
FILM NUMBER: 171177358
MAIL ADDRESS:
STREET 1: 1408 N ABINGDON ST
CITY: ARLINGTON
STATE: VA
ZIP: 22207
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FOUR OAKS FINCORP INC
CENTRAL INDEX KEY: 0001040799
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 562028446
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6114 US 301 SOUTH
CITY: FOUR OAKS
STATE: NC
ZIP: 27524
BUSINESS PHONE: 9199632177
MAIL ADDRESS:
STREET 1: 6114 US 301 SOUTH
STREET 2: P O BOX 309
CITY: FOUR OAKS
STATE: NC
ZIP: 27524
4
1
doc1.xml
FORM 4
X0306
4
2017-11-01
1
0001040799
FOUR OAKS FINCORP INC
FOFN
0001170549
LEHMAN KENNETH R
14008 N. ABINGDON STREET
ARLINGTON
VA
22207
1
0
1
0
Common Stock
2017-11-01
4
D
0
3200000
D
0
D
On November 1, 2017, pursuant to that certain Agreement and Plan of Merger, dated as of June 26, 2017 (the "Merger Agreement"), by and among United Community Banks, Inc. ("United") and Four Oaks Fincorp, Inc. ("Four Oaks"), Four Oaks merged with and into United, with United surviving the merger (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, $1.00 par value per share, of Four Oaks issued and outstanding immediately prior to the effective time of the Merger (other than shares held by Four Oaks, United, or any Four Oaks shareholders seeking statutory appraisal rights) was converted into the right to receive 0.6178 shares of United common stock, $1.00 par value per share (subject to the payment of cash in lieu of fractional shares) and $1.90 in cash As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of Four Oaks common stock.
/s/ Wanda J. Blow, attorney-in fact
2017-11-03