4//SEC Filing
BISHOP JAMES E 4
Accession 0000909654-03-001092
CIK 0000934302other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 5:03 PM ET
Size
13.9 KB
Accession
0000909654-03-001092
Insider Transaction Report
Form 4
FIRST SOUTHERN BANCSHARES INC/DE(FSTH.PK)
BISHOP JAMES E
Director
Transactions
- Other
Common Stock Warrants (right-to-buy)
2003-10-15+10,584→ 10,584 total(indirect: By Kilpatrick, Bishop, Inc.)Exercise: $0.01From: 2004-10-15Exp: 2006-10-15→ Common Stock (10,584 underlying) - Other
Rights to Acquire Common Stock Warrants (r-t-b)
2003-10-15+10,584→ 10,584 total(indirect: By Kilpatrick, Bishop, Inc.)Exercise: $0.01From: 2005-10-15Exp: 2007-10-15→ Common Stock (10,584 underlying) - Other
Series A Nonconvertible Preferred Stock
2003-10-15−15,910→ 0 total(indirect: By Kilpatrick, Bishop, Inc.)
Holdings
- 10,000
Common Stock Warrants (right-to-buy)
Exercise: $1.00From: 2002-11-01Exp: 2005-11-01→ Common Stock (10,000 underlying) - 68,208
Common Stock
- 2,705(indirect: By Spouse)
Common Stock
- 10,249
Incentive Stock Option (right to buy)
Exercise: $11.75From: 1997-04-17Exp: 2007-04-17→ Common Stock (10,249 underlying) - 14,000
Common Stock Warrants (right-to-buy)
Exercise: $0.01From: 2004-09-30Exp: 2006-09-30→ Common Stock (14,000 underlying) - 14,000
Rights to Acquire Common Stock Warrants (right-to-
Exercise: $0.01From: 2005-09-30Exp: 2007-09-30→ Common Stock (14,000 underlying)
Footnotes (4)
- [F1]On October 15, 2003, Kilpatrick Bishop, Inc., an affiliate of the reporting person, exchanged 15,910 shares of the issuer's Series A Convertible Preferred Stock for units consisting of (i) capital notes, (ii) warrants and (iii) rights to acquire additional warrants, which are reported separately on this Form 4.
- [F2]On October 15, 2003, Kilpatrick Bishop, Inc., an affiliate of the reporting person, exchanged 15,910 shares of the issuer's Series A Convertible Preferred Stock for units consisting of (i) capital notes, (ii) warrants, which are reported separately on this Form 4, and (iii) these rights to acquire additional warrants.
- [F3]Units consisting of (i) capital notes having a principal amount equal to the aggregate purchase price of the units, (ii) warrants and (iii) rights to acquire additional warrants were acquired in exchange for 15,910 shares of the issuer's Series A Convertible Preferred Stock, which for purposes of such exchange were valued at $23.76 per share.
- [F4]These options were granted under the First Southern Bancshares, Inc. 1996 Stock Option Plan, and are fully vested and exercisable.
Documents
Issuer
FIRST SOUTHERN BANCSHARES INC/DE
CIK 0000934302
Entity typeother
Related Parties
1- filerCIK 0001204949
Filing Metadata
- Form type
- 4
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 5:03 PM ET
- Size
- 13.9 KB