SECURITY FEDERAL CORP·4

May 26, 2:08 PM ET

SIMMONS TIMOTHY W 4

4 · SECURITY FEDERAL CORP · Filed May 26, 2011

Insider Transaction Report

Form 4
Period: 2011-05-24
SIMMONS TIMOTHY W
DirectorPresident & CEO
Transactions
  • Purchase

    Common Stock

    2011-05-24$8.33/sh+1,200$9,996557,373 total
  • Purchase

    8% Convertible Senior Debentures

    2009-12-01$1000000.00/sh+50,000$50,000,000,00050,000 total
    Exercise: $20.00Exp: 2029-12-01Common Stock (50,000 underlying)
  • Purchase

    Common Stock

    2011-05-25$8.00/sh+3,046$24,368560,419 total
  • Purchase

    8% Convertible Senior Debentures

    2009-12-01$500000.00/sh+25,000$12,500,000,00025,000 total(indirect: By Spouse)
    Exercise: $20.00Exp: 2029-12-01Common Stock (25,000 underlying)
Holdings
  • Common Stock

    (indirect: By Spouse)
    68,466
  • Common Stock

    (indirect: By IRA)
    12,942
Footnotes (3)
  • [F1]On December 1, 2009, the Reporting Person participated in the offering of Issuer's 8% Convertible Senior Debentures. The transaction was disclosed by the Issuer on a Current Report filed on Form 8-K with the SEC on December 4, 2009.
  • [F2]The debentures are convertible into the Issuer's common stock at any time prior to the December 1, 2029 maturity date, unless previously redeemed pursuant to the terms of an indenture.
  • [F3]Represents debentures purchased on December 1, 2009 by the Reporting Person's spouse in the offering of Issuer's 8% Convertible Senior Debentures.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT