Home/Filings/4/0001140361-09-024339
4//SEC Filing

Good Thomas M 4

Accession 0001140361-09-024339

CIK 0000314489other

Filed

Nov 1, 7:00 PM ET

Accepted

Nov 2, 5:16 PM ET

Size

10.7 KB

Accession

0001140361-09-024339

Insider Transaction Report

Form 4
Period: 2009-10-29
Good Thomas M
EVP, Chief Risk Officer
Transactions
  • Purchase

    Series A Convertible Preferred Stock

    2009-10-29$100000.00/sh+2$200,0002 total
    Common
Holdings
  • Common Stock

    (indirect: By 401(k))
    10,734
  • Common Stock

    (indirect: ESOP Plan)
    1,970
  • Common Stock

    35,344
  • Common Stock

    Exercise: $19.59From: 2007-09-14Exp: 2009-09-14Stock Option (6,000 underlying)
    6,000
  • Common Stock

    Exercise: $20.16From: 2009-01-26Exp: 2011-12-15Stock Option (5,000 underlying)
    5,000
Footnotes (1)
  • [F1]On October 29, 2009, the reporting person purchased 2 shares of Series A Convertible Preferred Stock ("Preferred Stock") from the Company. The Preferred Stock is perpetual and each share has a liquidation preference of $100,000. The Preferred Stock is mandatorily convertible into shares of common stock at a conversion price of $4.00. The shares of Preferred Stock will convert automatically following Stockholder approval of the conversion. The Company is holding a Special Meeting of Stockholders on December 2, 2009 for that purpose. Therefore, if Stockholder approval is received at the Special Meeting, the reporting person will receive 50,000 shares of common stock upon the conversion of the Preferred Stock.

Documents

1 file

Issuer

FIRST BUSEY CORP /NV/

CIK 0000314489

Entity typeother

Related Parties

1
  • filerCIK 0001425943

Filing Metadata

Form type
4
Filed
Nov 1, 7:00 PM ET
Accepted
Nov 2, 5:16 PM ET
Size
10.7 KB