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sc0083-01.txt
FORM 4
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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).
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1. Name and Address of Reporting Person*
Royal Bank of Canada ("Royal Bank")
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(Last) (First) (Middle)
200 Bay Street
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(Street)
Toronto Ontario, Canada MSJ 2J5
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
RBC Centura Banks, Inc.
(formerly Centura Banks, Inc. (CBC))
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3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
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4. Statement for Month/Year
June 2001
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5. If Amendment, Date of Original (Month/Year)
February 5, 2001
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[_] Form filed by more than one Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
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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)
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Common Stock, without par value 6/5/2001 P 2,166,517,536 A $ N/A 2,166,517,536 D N/A
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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)
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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)
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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)
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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).
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(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
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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.
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