4//SEC Filing
MILLS DOUGLAS C 4
Accession 0001140361-09-024355
CIK 0000314489other
Filed
Nov 1, 7:00 PM ET
Accepted
Nov 2, 5:45 PM ET
Size
22.2 KB
Accession
0001140361-09-024355
Insider Transaction Report
Form 4
MILLS DOUGLAS C
Director
Transactions
- Purchase
Series A Convertible Preferred Stock
2009-10-29$100000.00/sh+8.063$806,300→ 8.063 total(indirect: By Trust)→ Common - Purchase
Series A Convertible Preferred Stock
2009-10-29$100000.00/sh+5.622$562,200→ 5.622 total(indirect: Mills Investment LP)→ Common - Purchase
Series A Convertible Preferred Stock
2009-10-29$100000.00/sh+1.314$131,400→ 1.314 total(indirect: By Trust)→ Common
Holdings
- 894,813(indirect: By Trust)
Common Stock
- 15,812(indirect: By 401(k))
Common Stock
- 41,000(indirect: By Foundation)
Common Stock
- 481,737
Common Stock
- 15,000
Common Stock
Exercise: $20.16From: 2009-01-26Exp: 2011-12-15→ Stock Option (15,000 underlying) - 1,565,000(indirect: Mills Investment LP)
Common Stock
- 39,924(indirect: ESOP Plan)
Common Stock
- 936,300(indirect: By Trust)
Common Stock
- 7,500
Common Stock
Exercise: $17.12From: 2009-05-01Exp: 2015-12-15→ Stock Option (7,500 underlying) - 7,500
Common Stock
Exercise: $7.53From: 2010-06-01Exp: 2019-06-30→ Stock Option (7,500 underlying) - 45,000
Common Stock
Exercise: $14.56From: 2005-04-16Exp: 2010-12-16→ Stock Option (45,000 underlying)
Footnotes (3)
- [F1]On October 29, 2009, the identified entity purchased 5.622 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 identified entity will receive 140,552 shares of common stock upon the conversion of the Preferred Stock.
- [F2]On October 29, 2009, the identified entity purchased 8.063 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 identified entity will receive 201,596 shares of common stock upon the conversion of the Preferred Stock.
- [F3]On October 29, 2009, the identified entity purchased 1.314 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 identified entity will receive 32,852 shares of common stock upon the conversion of the Preferred Stock.
Documents
Issuer
FIRST BUSEY CORP /NV/
CIK 0000314489
Entity typeother
Related Parties
1- filerCIK 0000901383
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 7:00 PM ET
- Accepted
- Nov 2, 5:45 PM ET
- Size
- 22.2 KB