IKENBERRY DAVID L 4
4 · FIRST BUSEY CORP /NV/ · Filed Dec 4, 2009
Insider Transaction Report
Form 4
IKENBERRY DAVID L
Director
Transactions
- Conversion
Series A Convertible Preferred Stock
2009-12-03−0.25→ 0 totalExercise: $4.00→ Common (6,250 underlying) - Conversion
Common Stock
2009-12-03$4.00/sh+6,250$25,000→ 10,250 total
Holdings
- 7,500
Common Stock
Exercise: $17.12From: 2009-05-01Exp: 2015-12-15→ Stock Option (7,500 underlying) - 4,500
Common Stock
Exercise: $19.83From: 2006-01-21Exp: 2009-12-15→ Stock Option (4,500 underlying) - 4,500
Common Stock
Exercise: $20.71From: 2009-01-21Exp: 2011-12-15→ Stock Option (4,500 underlying) - 4,500
Common Stock
Exercise: $19.55From: 2008-01-15Exp: 2015-12-15→ Stock Option (4,500 underlying) - 7,500
Common Stock
Exercise: $7.53From: 2010-06-01Exp: 2019-06-30→ Stock Option (7,500 underlying)
Footnotes (1)
- [F1]As previously reported, on October 29, 2009, the reporting person purchased 0.25 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. Pursuant to the terms of the Preferred Stock, following the required shareholder approval, the Preferred Stock is mandatorily convertible into shares of common stock at a conversion price of $4.00. On December 2, 2009, the Company?s stockholders approved the conversion of the Preferred Stock and on December 3, 2009, the Preferred Stock owned by the reporting person was converted into an aggregate of 6,250 shares of common stock.