FIRST FEDERAL BANCSHARES OF ARKANSAS INC 4
4 · FIRST FEDERAL BANCSHARES OF ARKANSAS INC · Filed Jul 23, 2013
Insider Transaction Report
Form 4
Wewers Christopher M.
EVP & Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2013-07-19$9.70/sh−29,384$285,025→ 65,616 total - Exercise of In-Money
Warrant (right to buy)
2013-07-19−95,000→ 0 totalExercise: $3.00From: 2011-05-03Exp: 2014-06-27→ Common Stock (95,000 underlying) - Exercise of In-Money
Common Stock
2013-07-19$3.00/sh+95,000$285,000→ 95,000 total
Holdings
- 794(indirect: By 401(k))
Common Stock
- 31,200
Restricted Stock Units
→ Common Stock
Footnotes (3)
- [F1]On July 19, 2013, the reporting person exercised a warrant to purchase 95,000 shares of First Federal Bancshares of Arkansas, Inc. (FFBH) common stock at $3 per share. The reporting person paid the exercise price on a cashless basis, resulting in FFBH's withholding of 29,384 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 65,616 shares.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of FFBH common stock.
- [F3]1,200 Restricted Stock Units awarded on 2/20/2013 with one-third of these scheduled to vest on February 20, 2014, February 20, 2015, and February 20, 2016, assuming continued employment through the applicable vesting date. 30,000 Restricted Stock Units awarded on 6/30/2013 shall vest on June 30, 2020, assuming continued employment through the applicable vesting date.