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4//SEC Filing

VERENES CHRIS J 4

Accession 0000939057-20-000169

CIK 0000818677other

Filed

Apr 19, 8:00 PM ET

Accepted

Apr 20, 4:52 PM ET

Size

9.1 KB

Accession

0000939057-20-000169

Insider Transaction Report

Form 4
Period: 2020-02-17
VERENS J CHRIS
President of Security Fed Bank
Transactions
  • Conversion

    8% Convertible Senior Debenture

    2020-02-179,6500 total(indirect: By IRA)
    Exercise: $20.00Common Stock (9,650 underlying)
  • Conversion

    Common Stock, par value 0.01 per share

    2020-02-17$20.00/sh+9,650$193,00014,344 total(indirect: By IRA)
  • Other

    Common Stock, par value 0.01 per share

    2020-02-26$30.16/sh+25$75419,932 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.

Issuer

SECURITY FEDERAL CORP

CIK 0000818677

Entity typeother

Related Parties

1
  • filerCIK 0001220984

Filing Metadata

Form type
4
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 4:52 PM ET
Size
9.1 KB