COMMUNITY FIRST INC 4
4 · COMMUNITY FIRST INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
DANIEL ESLICK E
Director
Transactions
- Disposition to Issuer
Community First, Inc. Preferred Stock Series A
2016-06-30−3,259→ 0 total - Award
Community First, Inc. Common Stock
2016-06-30+445,968→ 501,462 total
Holdings
- 40,320(indirect: By Children)
Community First, Inc. Common Stock
- 7,070(indirect: By Children)
Community First, Inc. Common Stock
- 9,246(indirect: By Spouse)
Community First, Inc. Common Stock
- 101,002(indirect: By Partnership)
Community First, Inc. Common Stock
Footnotes (1)
- [F1]The shares of Series A Preferred Stock were disposed of in exchange for the shares of Common Stock reported as being acquired in this report in a transaction approved by the issuer's board of directors and a committee of disinterested, non-employee directors. The shares of Series A Preferred Stock were exchanged for Common Stock of the issuer at a rate of approximately 136.84 shares of Common Stock for each share of Series A Preferred Stock, which, based on the face value of the Series A Preferred Stock, equated to a $4.75 per share price.