FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Burgess Trevor R 		2. Issuer Name and Ticker or Trading Symbol

C1 Financial, Inc. [ BNK ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O C1 FINANCIAL, INC., 100 5TH STREET SOUTH 		3. Date of Earliest Transaction (MM/DD/YYYY)

7/21/2016
(Street)

ST. PETERSBURG, FL 33701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. 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
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   7/21/2016     D    1263998   D   (1) 0   D    
Common Stock   7/21/2016     D    2181   D   (1) 0   I   By Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  As of the effective time of the transactions contemplated by the Agreement and Plan of Merger, dated as of November 9, 2015 (the "Merger Agreement"), by and among the Issuer, C1 Bank, a Florida state bank and wholly-owned subsidiary of Issuer, Bank of the Ozarks, Inc., an Arkansas corporation ("OZRK"), and Bank of the Ozarks, an Arkansas state banking corporation and a wholly-owned subsidiary of OZRK, each share of the Issuer's common stock held by the reporting person was disposed of pursuant to the Merger Agreement in exchange for 0.6283 shares of OZRK common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Burgess Trevor R
C/O C1 FINANCIAL, INC.
100 5TH STREET SOUTH
ST. PETERSBURG, FL 33701 		X
President and CEO

Signatures
/s/ Trevor R. Burgess 7/21/2016
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who 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.
C1 FINANCIAL, INC. (NYSE:BNK)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more C1 FINANCIAL, INC. Charts.
C1 FINANCIAL, INC. (NYSE:BNK)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more C1 FINANCIAL, INC. Charts.