Chancellor Michael W 4
4 · FIRST BANCSHARES INC /MS/ · Filed May 31, 2013
Insider Transaction Report
Form 4
Chancellor Michael W
Director
Transactions
- Conversion
SERIES D NONVOTING CONVERTIBLE PREFERRED STOCK
2013-05-30−27,460→ 0 total→ COMMON STOCK (27,460 underlying) - Conversion
COMMON STOCK
2013-05-30+27,460→ 65,400 total
Footnotes (1)
- [F1]The Series D Nonvoting Convertible Preferred Stock was mandatorily converted on 1-for-1 basis into shares of The First Bancshares, Inc.'s Common Stock following shareholder approval of the issuance of the underlying Common Stock on May 23, 2013. All shares of the mandatorily converted Series D Convertible Preferred Stock were surrendered to the Company and have resumed the status of authorized and unissued preferred stock.