FOUR OAKS FINCORP INC 4
4 · FOUR OAKS FINCORP INC · Filed Apr 4, 2017
Insider Transaction Report
Form 4
Hart Deanna W.
Acting CFO
Transactions
- Exercise/Conversion
Common Stock
2017-04-03$8.50/sh+125$1,063→ 21,407 total - Exercise/Conversion
Employee stock option (right to buy)
2017-04-03+125→ 0 totalExercise: $8.50From: 2016-02-24Exp: 2019-02-24→ Common Stock (125 underlying) - Exercise/Conversion
Common Stock
2017-04-03$5.75/sh+125$719→ 21,282 total - Exercise/Conversion
Employee stock option (right to buy)
2017-04-03+125→ 0 totalExercise: $5.75From: 2015-03-11Exp: 2018-03-11→ Common Stock (125 underlying)
Footnotes (3)
- [F1]Reflects adjustment of share ownership in connection with a one for five reverse stock split effected on March 8, 2017 (the "Reverse Stock Split").
- [F2]This option was previously reported as covering 625 shares at an exercise price of $1.15 per share, but was adjusted to reflect the Reverse Stock Split
- [F3]This option was previously reported as covering 625 shares at an exercise price of $1.70 per share, but was adjusted to reflect the Reverse Stock Split.