WATSON KEVIN R 4
4 · NORTH VALLEY BANCORP · Filed Apr 26, 2010
Insider Transaction Report
Form 4
WATSON KEVIN R
EVP / CHIEF FINANCIAL OFFICER
Transactions
- Purchase
Series A Convertible Preferred Stock
2010-04-22$1000.00/sh+26$26,000→ 26 totalExercise: $1.50→ Common Stock (17,333 underlying)
Footnotes (2)
- [F1]The reporting person acquired 26 shares of Series A Mandatorily Convertible Cumulative Perpetual Preferred Stock on April 22, 2010 at a price of $1,000 per share. The shares of Series A Preferred Stock are automatically convertible into shares of Common Stock upon shareholder approval of the conversion at the conversion rate of $1.50 per share of Common.
- [F2]The Series A Preferred Stock has no expiration date.