4//SEC Filing
Waddock Nicholas John III 4
Accession 0001140361-09-028230
CIK 0000314489other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 9:19 AM ET
Size
7.7 KB
Accession
0001140361-09-028230
Insider Transaction Report
Form 4
Waddock Nicholas John III
EVP, Chief Credit Officer
Transactions
- Conversion
Common Stock
2009-12-03$4.00/sh+18,750$75,000→ 20,750 total - Conversion
Series A Convertible Preferred Stock
2009-12-03−0.75→ 0 totalExercise: $4.00→ Common (18,750 underlying)
Footnotes (1)
- [F1]As previously reported, on October 29, 2009, the reporting person purchased 0.75 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 18,750 shares of common stock.
Documents
Issuer
FIRST BUSEY CORP /NV/
CIK 0000314489
Entity typeother
Related Parties
1- filerCIK 0001408732
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 9:19 AM ET
- Size
- 7.7 KB