0001552781-20-000035.txt : 20200103
0001552781-20-000035.hdr.sgml : 20200103
20200103100301
ACCESSION NUMBER: 0001552781-20-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191231
FILED AS OF DATE: 20200103
DATE AS OF CHANGE: 20200103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JONES FRED
CENTRAL INDEX KEY: 0001516043
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35302
FILM NUMBER: 20503575
MAIL ADDRESS:
STREET 1: 14 ONE CENTER CT
CITY: FRANKLIN
STATE: NC
ZIP: 28734
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Entegra Financial Corp.
CENTRAL INDEX KEY: 0001522327
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
IRS NUMBER: 452460660
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 14 ONE CENTER COURT
CITY: FRANKLIN
STATE: NC
ZIP: 28734
BUSINESS PHONE: (828) 524-7000
MAIL ADDRESS:
STREET 1: PO BOX 1499
CITY: FRANKLIN
STATE: NC
ZIP: 28734
FORMER COMPANY:
FORMER CONFORMED NAME: Macon Financial Corp.
DATE OF NAME CHANGE: 20110602
4
1
ownership.xml
X0306
4
2019-12-31
1
0001522327
Entegra Financial Corp.
ENFC
0001516043
JONES FRED
14 ONE CENTER CT
FRANKLIN
NC
28734
1
0
0
0
Common Stock
2019-12-31
4
D
0
8198
30.18
D
0
D
Common Stock
2019-12-31
4
D
0
445
30.18
D
0
I
By Rabbi Trust
Common Stock
2019-12-31
4
D
0
8846
30.18
D
0
I
By Irrevocable Trust
Restricted Stock Units
2019-12-31
4
D
0
1020
30.18
D
Common Stock
1020
0
D
Stock Options
18.55
2019-12-31
4
D
0
11900
11.63
D
2016-11-30
Common Stock
11900
0
D
The common stock was disposed of in connection with the consummation of the merger between the Issuer and a direct, wholly-owned subsidiary of First-Citizens Bank & Trust Company (the "Merger"). The disposition was approved in advance by the Issuer's board of directors pursuant to Rule 16b-3(e), and, therefore, is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act").
Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
These shares of common stock are held by an irrevocable trust (the "Trust"), of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of common stock held by the Trust except to the extent of his pecuniary interest therein.
2,846 shares belonging to the Trust were inadvertently omitted from the Reporting Person's Form 4 filed on 11/22/2019.
Each restricted stock unit represented the contingent right to receive one share of common stock upon vesting of the unit.
Restricted stock units were to vest in five equal annual installments beginning on 11/30/2016, the first anniversary of the date of grant.
No expiration date.
Stock options were to vest in five equal annual installments beginning on 11/30/2016, the first anniversary of the date of the grant.
Ten years from exercise date.
The restricted stock units were cancelled by an agreement between the Reporting Person and the Issuer in connection with the Merger. The disposition was approved in advance by the Issuer's board of directors pursuant to Rule 16b-3(e), and, therefore, is exempt from Section 16(b) of the Exchange Act.
The options were cancelled by an agreement between the Reporting Person and the Issuer in connection with the Merger. The disposition was approved in advance by the Issuer's board of directors pursuant to Rule 16b-3(e), and, therefore, is exempt
from Section 16(b) of the Exchange Act.
/s/ Ryan Scaggs, attorney-in-fact for Fred H. Jones
2020-01-03