0001209191-16-147029.txt : 20161026
0001209191-16-147029.hdr.sgml : 20161026
20161026182054
ACCESSION NUMBER: 0001209191-16-147029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161026
FILED AS OF DATE: 20161026
DATE AS OF CHANGE: 20161026
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CommunityOne Bancorp
CENTRAL INDEX KEY: 0000764811
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 561456589
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1017 E. MOREHEAD STREET
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28204
BUSINESS PHONE: 9808196213
MAIL ADDRESS:
STREET 1: 1017 E. MOREHEAD STREET
STREET 2: SUITE 200
CITY: CHARLOTTE
STATE: NC
ZIP: 28204
FORMER COMPANY:
FORMER CONFORMED NAME: FNB United Corp.
DATE OF NAME CHANGE: 20060428
FORMER COMPANY:
FORMER CONFORMED NAME: FNB CORP/NC
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nielsen David L
CENTRAL INDEX KEY: 0001533598
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-13823
FILM NUMBER: 161953539
MAIL ADDRESS:
STREET 1: 150 SOUTH FAYETTEVILLE STREET
CITY: ASHEBORO
STATE: NC
ZIP: 27203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-10-26
0
0000764811
CommunityOne Bancorp
COB
0001533598
Nielsen David L
2227 RED FOX TRAIL
CHARLOTTE
NC
28211
0
1
0
0
Chief Financial Officer
Common Stock
2016-10-26
4
D
0
63563
D
0
D
Employee Stock
16.00
2016-10-26
4
D
0
17294
D
2024-10-01
Common Stock
17294
0
D
Employee Stock
16.00
2016-10-26
4
D
0
8647
D
2025-07-31
Common Stock
8647
0
D
Disposed of pursuant to merger agreement between the issuer and Capital Financial Bank. Pursuant to the merger agreement, as of the effective date, each issued and outstanding share of issuer common stock was converted into the right to receive either (i) $14.25 in cash or (ii) 0.43 shares of Capital Bank Financial Class A common stock, based on the holder's election and subject to proration. As a result of the merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
These options, which became fully vested as a result of the merger, were assumed by Capital Bank Financial in the merger and replaced with options exercisable for that number of whole shares of Capital Bank Financial Class A common stock (rounded down to the nearest whole share) equal to the product of (i) the number of shares of issuer's common stock subject to such stock option multiplied by (ii) the exchange ratio, with an exercise price per share of Capital Bank Financial Class A common stock (rounded up to the nearest whole cent) equal to the quotient obtained by dividing (A) the exercise price per share of issuer common stock of such stock option by (B) the exchange ratio.
/s/ Beth S. DeSimone as Attorney-in-Fact
2016-10-26