0001552781-20-000033.txt : 20200103
0001552781-20-000033.hdr.sgml : 20200103
20200103100230
ACCESSION NUMBER: 0001552781-20-000033
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: Fowler Craig A.
CENTRAL INDEX KEY: 0001681338
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35302
FILM NUMBER: 20503570
MAIL ADDRESS:
STREET 1: 14 ONE CENTER COURT
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
0001681338
Fowler Craig A.
14 ONE CENTER COURT
FRANKLIN
NC
28734
1
0
0
0
Common Stock
2019-12-31
4
D
0
5840
30.18
D
0
D
Restricted Stock Units
2019-12-31
4
D
0
2040
30.18
D
Common Stock
2040
0
D
Stock Options
18.10
2019-12-31
4
D
0
10320
12.08
D
2017-10-25
Common Stock
10320
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").
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 10/25/2017, the first anniversary of the date of grant.
No expiration date.
Stock options were to vest in five equal annual installments beginning on 10/25/2017, 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 Craig A. Fowler
2020-01-03