0000927089-18-000157.txt : 20180403
0000927089-18-000157.hdr.sgml : 20180403
20180403092731
ACCESSION NUMBER: 0000927089-18-000157
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180401
FILED AS OF DATE: 20180403
DATE AS OF CHANGE: 20180403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baggett Brian P
CENTRAL INDEX KEY: 0001439617
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54280
FILM NUMBER: 18731529
MAIL ADDRESS:
STREET 1: C/O SUNSHINE FINANCIAL INC
STREET 2: 1400 EAST PARK AVENUE
CITY: TALLAHASSEE
STATE: FL
ZIP: 32301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sunshine Financial, Inc.
CENTRAL INDEX KEY: 0001500837
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 364678532
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1400 EAST PARK AVENUE
CITY: TALLAHASSEE
STATE: FL
ZIP: 32301
BUSINESS PHONE: 850-219-7301
MAIL ADDRESS:
STREET 1: 1400 EAST PARK AVENUE
CITY: TALLAHASSEE
STATE: FL
ZIP: 32301
FORMER COMPANY:
FORMER CONFORMED NAME: Sunshine Financial Inc
DATE OF NAME CHANGE: 20100907
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-04-01
1
0001500837
Sunshine Financial, Inc.
SSNF
0001439617
Baggett Brian P
SUNSHINE FINANCIAL, INC.
1400 EAST PARK AVENUE
TALLAHASSEE
FL
32301
1
1
0
0
EVP, CLO
Common Stock
2018-04-01
4
D
0
3944
D
0
D
Common Stock
2018-04-01
4
D
0
4960
D
0
I
Held by ESOP
Common Stock
2018-04-01
4
D
0
4906
D
0
I
Held in 401(k) Plan
Stock Option (Right to Buy)
10.75
2018-04-01
4
D
0
10000
27.00
D
2017-12-10
2022-12-10
Common Stock
10000
0
D
Disposed of pursuant to a merger agreement with The First Bancshares, Inc. ("FBMS"), with each share being exchanged, at the option of the shareholder, for either (i) $27.00 in cash, or (ii) 0.93 of a share of FBMS common stock with a market value of $32.25 as of the effective time of the merger, provided that the total mix of cash consideration and stock consideration to be issued by FBMS to holders of Sunshine common stock is fixed at 75% stock and 25% cash.
This option was canceled in the merger in exchange for a cash payment of $162,500, representing the difference between the exercise price and the $27.00 cash merger consideration, less applicable with withholding taxes.
/s/ Brian P. Baggett
2018-04-02