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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
870385	Carolina Financial Corp	CARO	State Commercial Banks (6022)	571039673

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1189784	L Jerry Rexroad	288 Meeting Street Charleston SC 29401	President And Chief Executive	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-10-14	1	$22.21	1,001	No	4	L	Indirect	BY DAUGHTER
Common Stock	Disposition	2016-11-10	1,001	$25.40	0	No	4	S	Indirect	BY DAUGHTER

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	L	Indirect	BY DAUGHTER
No	4	S	Indirect	BY DAUGHTER

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	11,040	Indirect	BY WIFE
Common Stock	295,600	Direct

Footnotes

THIS TRANSACTION REPRESENTS THE ACQUISITION OF 1.35 SHARES BY THE REPORTING PERSONS DAUGHTER WHO RESIDES IN THE REPORTING PERSONS HOUSEHOLD,AS A RESULT OF THE REINVESTMENT OF DIVIDENDS. THIS TRANSACTION WAS NOT PREVIOUSLY REPORTED IN ACCORDANCE WITH RULE 16a-6.
THIS TRANSACTION REPRESENTS THE DISPOSITION OF SHARES BY THE REPORTING PERSONS DAUGHTER, WHO RESIDES IN THE REPORTING PERSONS HOUSEHOLD.
THIS TRANSACTION WAS MATCHABLE UNDER SECTION 16(B) OF THE SECURITIES EXCHANGE ACT OF 1934, TO THE EXTENT OF 1.35 SHARES, WITH THE REPORTING PERSONS ACQUISITION OF 1.35 SHARES AT A PRICE OF $22.21 ON OCTOBER 14, 2016. THE REPORTING PERSON HAS PAID $4.31 TO THE ISSUER, REPRESENTING THE FULL AMOUNT OF THE PROFIT REALIZED IN CONNECTION WITH THE SHORT-SWING TRANSACTION.
IN ADDITION, THE REPORTING PERSON NO LONGER HAS A REPORTABLE BENEFICIAL INTEREST IN THE 1,000 SHARES THAT WERE OWNED BY THE REPORTING PERSONS OTHER DAUGHTER AND INCLUDED IN THE REPORTING PERSONS PRIOR OWNERSHIP REPORTS.