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