4//SEC Filing
SIMMONS TIMOTHY W 4
Accession 0000939057-20-000171
CIK 0000818677other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 11:54 AM ET
Size
12.9 KB
Accession
0000939057-20-000171
Insider Transaction Report
Form 4
SIMMONS TIMOTHY W
DirectorPresident & CEO
Transactions
- Conversion
Common Stock, par value $0.01 per share
2020-02-17$20.00/sh+50,000$1,000,000→ 324,246 total - Conversion
8% Convertible Senior Debentures
2020-02-17−50,000→ 0 totalExercise: $20.00→ Common Stock (50,000 underlying) - Conversion
8% Convertible Senior Debentures
2020-02-14−25,000→ 0 total(indirect: By Spouse)Exercise: $20.00→ Common Stock (25,000 underlying) - Conversion
Common Stock, par value $0.01 per share
2020-02-14$20.00/sh+25,000$500,000→ 79,598 total(indirect: By Spouse)
Holdings
- 12,942(indirect: By IRA)
Common Stock, par value $0.01 per share
- 300,391(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]This represents the number of shares after the Reporting Person's spouse transferred 25,000 shares into the Reporting Person's Trust on February 26, 2020.
- [F2]The represents the number of shares after the Reporting Person transferred 50,000 shares from his direct ownership into his Trust on February 26, 2020.
- [F3]On February 14, 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.
- [F5]On February 17, 2020, the Reporting Person converted the 8% Convertible Subordinated Debenture into the Issuer's common stock.
Documents
Issuer
SECURITY FEDERAL CORP
CIK 0000818677
Entity typeother
Related Parties
1- filerCIK 0001220977
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 11:54 AM ET
- Size
- 12.9 KB