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