Webster G Alfred 4
4 · NEWBRIDGE BANCORP · Filed Dec 4, 2012
Insider Transaction Report
Form 4
Webster G Alfred
DirectorOther
Transactions
- Purchase
Series B Preferred Stock
2012-11-30$100.00/sh+660$66,000→ 660 totalExercise: $4.40→ Common Stock (15,000 underlying)
Holdings
- 1,609(indirect: By Trust)
Common Stock
- 4,732
Common Stock
Footnotes (4)
- [F1]Series B Mandatorily Convertible Adjustable Rate Cumulative Perpetual Preferred Stock
- [F2]Subject to shareholder approval of the conversion and certain related matters, each share of Series B Preferred Stock, having a liquidation preference of $100 per share, will convert into approximately 22.73 shares of common stock, i.e. $100 ? $4.40.
- [F3]The Series B Preferred Stock is convertible into common stock upon shareholder approval of the conversion and certain related matters, in accordance with the Articles of Amendment to the Company's Articles of Incorporation.
- [F4]The Series B Preferred Stock is perpetual, and thus has no expiration date.