LOUIS SCOTT 4
4 · NORTH VALLEY BANCORP · Filed Jul 23, 2010
Insider Transaction Report
Form 4
LOUIS SCOTT
EVP/CHIEF OPERATING OFFICER
Transactions
- Conversion
Series A Convertible Preferred Stock
2010-07-21−125→ 0 totalExercise: $1.50→ Common Stock (83,333 underlying)
Footnotes (2)
- [F1]The reporting person acquired 125 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 were automatically converted into shares of Common Stock on July 21, 2010 at the conversion rate of $1.50 per share of Common.
- [F2]The Series A Preferred Stock has no expiration date.