FIRST MID ILLINOIS BANCSHARES INC 4
4 · FIRST MID ILLINOIS BANCSHARES INC · Filed May 17, 2016
Insider Transaction Report
Form 4
GRISSOM STEVEN L
Director
Transactions
- Conversion
Series C 8% Non-cumulative Perpetual Convertible Preferred
2016-05-16−80→ 0 total(indirect: By Spouse)→ Common Stock (19,714.16 underlying) - Conversion
Common Stock
2016-05-16$20.29/sh+19,714$399,997→ 19,714 total(indirect: By Spouse)
Holdings
- 69,796.5
Common Stock
- 2,518.326(indirect: By Deferred Comp Plan)
Common Stock
Footnotes (2)
- [F1]On May 16, 2016 the Company caused the conversion of the Series C 8% Non-cumulative Perpetual Convertible Preferred stock. Each share was converted into 246.4268 shares of common stock, cash in lieu of fractional shares.
- [F2]Each Share of Series C Convertible Preferred Stock (i) is convertible at any time into 246.427 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.