THOMAS FRANCIS M JR 4
4 · SECURITY FEDERAL CORP · Filed Apr 20, 2020
Insider Transaction Report
Form 4
THOMAS FRANCIS M JR
DirectorExecutive VP
Transactions
- Conversion
Common Stock, par value 0.01 per share
2020-02-17$20.00/sh+1,500$30,000→ 1,500 total(indirect: By Spouse) - Conversion
8% Convertible Senior Debenture
2020-02-17−2,000→ 0 total(indirect: By IRA)Exercise: $20.00→ Common Stock (2,000 underlying) - Conversion
Common Stock, par value 0.01 per share
2020-02-17$20.00/sh+2,000$40,000→ 6,661 total(indirect: By IRA) - Conversion
8% Convertible Senior Debenture
2020-02-17−1,500→ 0 total(indirect: By Spouse)Exercise: $20.00→ Common Stock (1,500 underlying)
Holdings
- 9,140
Common Stock, par value 0.01 per share
Footnotes (3)
- [F1]Includes 6,180 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.