CLYBURN WILLIAM 4
4 · SECURITY FEDERAL CORP · Filed Apr 20, 2020
Insider Transaction Report
Form 4
CLYBURN WILLIAM
Director
Transactions
- Conversion
8% Convertible Senior Debentures
2020-02-17−5,000→ 0 total(indirect: By IRA)Exercise: $20.00→ Common Stock (5,000 underlying) - Conversion
Common Stock, par value 0.01 per share
2020-02-17$20.00/sh+5,000$100,000→ 5,000 total(indirect: By IRA)
Holdings
- 9,514
Common Stock, $.01 par value per share
Footnotes (3)
- [F1]Includes 6,464 shares held jointly with spouse.
- [F2]On February 17, 2020, the Reporting Person converted the 8% Convertible Subordinated Debenture into the Issuer's common stock.
- [F3]The Debentures were convertible into the Issuer's common stock at any time prior to their redemption on March 2, 2020.