Toole Frampton W. III 4
4 · SECURITY FEDERAL CORP · Filed Apr 22, 2020
Insider Transaction Report
Form 4
Toole Frampton W. III
Director
Transactions
- Conversion
8% Convertible Senior Debentures
2020-02-21−12,500→ 0 totalExercise: $20.00→ Common Stock (12,500 underlying) - Conversion
Common Stock, par value $0.01 per share
2020-02-21$20.00/sh+12,500$250,000→ 153,650 total
Footnotes (2)
- [F1]On February 21, 2020, the Reporting Person converted the 8% Convertible Subordinated Debenture into the Issuer's common stock.
- [F2]The Debentures were convertible into the Issuer's common stock at any time prior to their redemption on March 2, 2020.