VERENES CHRIS J 4
4 · SECURITY FEDERAL CORP · Filed Apr 20, 2020
Insider Transaction Report
Form 4
VERENS J CHRIS
President of Security Fed Bank
Transactions
- Conversion
8% Convertible Senior Debenture
2020-02-17−9,650→ 0 total(indirect: By IRA)Exercise: $20.00→ Common Stock (9,650 underlying) - Conversion
Common Stock, par value 0.01 per share
2020-02-17$20.00/sh+9,650$193,000→ 14,344 total(indirect: By IRA) - Other
Common Stock, par value 0.01 per share
2020-02-26$30.16/sh+25$754→ 19,932 total
Footnotes (4)
- [F1]These shares were purchased under the Issuer's Employee Stock Purchase Plan.
- [F2]Includes 5,300 shares held jointly with spouse.
- [F3]On February 17, 2020, the Reporting Person converted the 8% Convertible Subordinated Debenture into the Issuer's common stock.
- [F4]The Debentures were convertible into the Issuer's common stock at any time prior to their redemption on March 2, 2020.