4//SEC Filing
MILLS DOUGLAS C 4
Accession 0001140361-09-028186
CIK 0000314489other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 4:36 PM ET
Size
21.7 KB
Accession
0001140361-09-028186
Insider Transaction Report
Form 4
MILLS DOUGLAS C
Director
Transactions
- Conversion
Common Stock
2009-12-03$4.00/sh+140,552$562,208→ 1,705,552 total(indirect: Mills Investment LP) - Conversion
Series A Convertible Preferred Stock
2009-12-03−5.622→ 0 total(indirect: Mills Investment LP)Exercise: $4.00→ Common (140,552 underlying) - Conversion
Common Stock
2009-12-03$4.00/sh+234,448$937,792→ 1,129,261 total(indirect: By Trust) - Conversion
Series A Convertible Preferred Stock
2009-12-03−9.38→ 0 total(indirect: By Trust)Exercise: $4.00→ Common (234,448 underlying)
Holdings
- 15,812(indirect: By 401(k))
Common Stock
- 41,000(indirect: By Foundation)
Common Stock
- 45,000(indirect: By IRA)
Common Stock
- 45,000
Common Stock
Exercise: $14.56From: 2005-04-16Exp: 2010-12-16→ Stock Option (45,000 underlying) - 1,344,138(indirect: By Trust)
Common Stock
- 32,051
Common Stock
- 15,000
Common Stock
Exercise: $20.16From: 2009-01-26Exp: 2011-12-15→ Stock Option (15,000 underlying) - 39,924(indirect: ESOP Plan)
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)
Footnotes (2)
- [F1]As previously reported, on October 29, 2009, the reporting person 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. 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 140,552 shares of common stock.
- [F2]As previously reported, on October 29, 2009, the reporting person purchased 9.38 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 234,448 shares of common stock.
Documents
Issuer
FIRST BUSEY CORP /NV/
CIK 0000314489
Entity typeother
Related Parties
1- filerCIK 0000901383
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 4:36 PM ET
- Size
- 21.7 KB