FIRST BANCSHARES INC /MS/ 4
4 · FIRST BANCSHARES INC /MS/ · Filed Jan 6, 2017
Insider Transaction Report
Form 4
STETELMAN ANDREW D
Director
Transactions
- Conversion
SERIES E PREFERRED STOCK
2016-12-30−5,634→ 0 total→ COMMON (5,634 underlying) - Conversion
COMMON STOCK
2016-12-30+5,634→ 47,917 total
Footnotes (1)
- [F1]The company's Mandatorily Convertible, Nonvoting, Noncumulative Preferred Stock, Series E, was mandatorily converted on a 1-for-1 basis into shares of The First Bancshares, Inc.'s Common Stock on 12-30-16, following shareholder approval on 12-29-16. All shares of the Mandatorily Convertible, Nonvoting, Noncumulative Preferred Stock, Series E are being surrendered to the company and have resumed the status of authorized and unissued preferred stock.