FIRST MID ILLINOIS BANCSHARES INC 4
4 · FIRST MID ILLINOIS BANCSHARES INC · Filed Nov 17, 2014
Insider Transaction Report
Form 4
Celio Elizabeth L
10% Owner
Transactions
- Conversion
Common Stock
2014-11-17+92,506→ 566,263 total - Conversion
Series B 9% Non-cumulative Perpetual Convertible Preferred
2014-11-17−400→ 0 total→ Common Stock (92,506.8 underlying)
Footnotes (2)
- [F1]On November 17, 2014 the Company caused the conversion of the Series B 9% Non-cumulative Perpetual Convertible Preferred stock. Each share was converted into 231.267 shares of common stock, cash in lieu of fractional shares.
- [F2]Ms. Celio owns 400 shares and each share of Series B Convertible Preferred Stock (i) is convertible at any time into 231.267 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, (iii) has no expiration date.