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4//SEC Filing

Peters Carter M 4

Accession 0001046203-20-000006

CIK 0001046203other

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 4:00 PM ET

Size

8.8 KB

Accession

0001046203-20-000006

Insider Transaction Report

Form 4
Period: 2020-02-28
Peters Carter M
Exec VP-CFO/COO
Transactions
  • Exercise/Conversion

    COMMON STOCK

    2020-02-28$23.50/sh9,828$230,9580 total
    From: 2020-02-28COMMON STOCK (9,828 underlying)
  • Exercise/Conversion

    COMMON STOCK

    2020-02-28$23.50/sh+6,421$150,8946,421 total
Holdings
  • COMMON STOCK

    19,160
  • COMMON STOCK

    (indirect: By IRA)
    7,433
Footnotes (3)
  • [F1]Each Performance Based Restricted Stock Unit (RSU) represents the right to receive, following vesting, 100% of one share of Guaranty Federal Bancshares Inc. (GFED) common stock. The resulting number of shares of GFED common stock acquired upon vesting of the RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning on the RSU grant date, 3/29/2017, and ending on 12/31/2019.
  • [F2]Unless earlier forfeited, under the terms of the RSU agreement, each RSU vests and converts in to 100% of one share of GFED common stock on the vesting date of 12/31/2019.
  • [F3]The conversion rate of the RSUs was 65.33%. Upon conversion of the RSUs, the Reporting Person received 6,421 shares of Common Stock, as reported above in Table I.

Issuer

GUARANTY FEDERAL BANCSHARES INC

CIK 0001046203

Entity typeother

Related Parties

1
  • filerCIK 0001335850

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:00 PM ET
Size
8.8 KB