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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 7/31/20 |
| Not Subject to Section 16: 1 |
| Issuer: |
| Issuer CIK: 1028954 |
| Issuer Name: SB ONE BANCORP |
| Issuer Trading Symbol: SBBX |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1098027 |
| | Owner Name: BRANCA RICHARD |
| Reporting Owner Address: |
| | Owner Street 1: C/O SUSSEX BANCORP |
| | Owner Street 2: 399 ROUTE 23 |
| | Owner City: FRANKLIN |
| | Owner State: NJ |
| | Owner ZIP Code: 07416 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/31/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 17,069.6 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: by Dir Def Comp Agreement |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/31/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 71,507.77 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 11, 2020, by and between Provident Financial Services, Inc. ("Provident") and SB One Bancorp ("SB One"). SB One merged with and into Provident, with Provident continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of SB One common stock issued and outstanding immediately prior to such time was converted into the right to receive 1.357 shares of Provident common stock, with a market value of $18.52 per share of SB One common stock based on the closing price of Provident common stock on July 31, 2020. |
| Owner Signature: |
| Signature Name: Joseph Murphy |
| Signature Date: 8/6/20 |
