4 1 sc0083-01.txt FORM 4 x------------------------------x : OMB APPROVAL : x------------------------------x : : : OMB Number 3235-02187 : : Expires: September 30, 2001 : : Estimated average burden : : hours per response.......0.5 : x------------------------------x U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [X] CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Royal Bank of Canada ("Royal Bank") -------------------------------------------------------------------------------- (Last) (First) (Middle) 200 Bay Street -------------------------------------------------------------------------------- (Street) Toronto Ontario, Canada MSJ 2J5 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol RBC Centura Banks, Inc. (formerly Centura Banks, Inc. (CBC)) ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year June 2001 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) February 5, 2001 ________________________________________________________________________________ 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) _____________________________________________ ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [_] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 2. 3. Disposed of (D) Securities Form: 7. Transaction Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of Date Code ------------------------------- Owned at End (D) or Indirect 1. (Month/ (Instr. 8) (A) of Month Indirect Beneficial Title of Security Day/ ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) Year) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, without par value 6/5/2001 P 2,166,517,536 A $ N/A 2,166,517,536 D N/A ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the Form is filed by more than one reporting person, see Instruction 4(b)(v). (Over) POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. FORM 4 (continued) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock, $44.69 6/5/2001 J 7,858,534 N/A 6/5/2001 Common 7,858,534 $44.69 0 N/A N/A without par value (subject (subject Stock (subject to to without to adjust- adjust- par adjust- ment in ment in value ment in limited limited limited circum- circum- circum- stances) stances) stances) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) Royal Bank entered into a Stock Option Agreement with the Issuer, dated January 26, 2001 (the "Stock Option Agreement") whereby Issuer granted Royal Bank an option to purchase up to 7,858,534 shares of common stock of Issuer (subject to adjustment in limited circumstances), and in no event more than 19.9% of the issued and outstanding common stock, in connection with the Agreement and Plan of Merger, dated January 26, 2001, between Royal Bank and the Issuer (the "Merger Agreement") pursuant to which a wholly owned subsidiary of Royal Bank merged with and into the Issuer (the "Merger"). (2) On June 5, 2001, the Merger was consummated, as a result of which the following two events occurred: (a) Royal Bank has become the direct beneficial owner of 100% of the outstanding stock of the Issuer, and (b) the stock option that was granted by the Issuer to Royal Bank to purchase up to 7,858,539 shares of common stock of the Issuer expired, resulting in the expiration of a long derivative securities position without value exempt pursuant to Rule 16b-6(d). Page 2 (3) The consideration that was given for the securities was 1.684 shares of Royal Bank for each share of the 39,490,122 shares of common stock of the Issuer owned by the shareholders of the Issuer immediately prior to the consummation of the merger and cash in lieu of any fractional shares. (4) Royal Bank is no longer subject to reporting requirements under Section 16 of the Exchange Act with respect to the Issuer, since the Issuer's securities are no longer registered under Section 12 of the Exchange Act. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ROYAL BANK OF CANADA /s/W. Michael Wilson July 10, 2001 ------------------------------------------ ----------------------- Name: W. Michael Wilson Date Title: Senior Vice-President Strategic Initiatives Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 3