Good Thomas M 4
4 · FIRST BUSEY CORP /NV/ · Filed Dec 4, 2009
Insider Transaction Report
Form 4
Good Thomas M
EVP, Chief Risk Officer
Transactions
- Conversion
Series A Convertible Preferred Stock
2009-12-03−2→ 0 totalExercise: $4.00→ Common (50,000 underlying) - Conversion
Common Stock
2009-12-03$4.00/sh+50,000$200,000→ 85,344 total
Holdings
- 1,970(indirect: ESOP Plan)
Common Stock
- 6,000
Common Stock
Exercise: $19.59From: 2007-09-14Exp: 2009-09-14→ Stock Option (6,000 underlying) - 5,000
Common Stock
Exercise: $20.16From: 2009-01-26Exp: 2011-12-15→ Stock Option (5,000 underlying) - 10,734(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]As previously reported, 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. 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 50,000 shares of common stock.