MENKE ROBERT G 4
4 · FIRST COMMUNITY BANK CORP OF AMERICA · Filed Apr 5, 2011
Insider Transaction Report
Form 4
MENKE ROBERT G
Director
Transactions
- Conversion
Convertible Preferred Stock, Series B
2011-03-31−1,309→ 0 totalFrom: 2010-01-13→ Convertible Preferred Stock, Series B (1,309 underlying) - Conversion
Common Stock
2011-03-31+13,090→ 27,598 total
Holdings
- 14,508
Common Stock
- 1,309
Convertible Preferred Stock, Series B
From: 2010-01-13→ Convertible Preferred Stock, Series B (1,309 underlying)
Footnotes (3)
- [F1]Public Offering of units where each unit consists of one share of FCFL Convertible Preferred Stock, Series B, and 4.165 shares of FCFL Common Stock, rounded up to the nearest whole share. Each share of FCFL Convertible Preferred Stock, Series B, is convertible at any time into 10 shares of FCFL Common Stock, subject to adjustment pursuant to customery anti-dilution provisions set forth in FCFL's Articles of Amendment to the Amended and Restated Articles of Incorporation.
- [F2]FCFL Convertible Preferred Stock, Series B, has no expiration date.
- [F3]On March 31, 2011, each outstanding share of Convertible Preferred Stock, Series B, was mandatorily converted into ten (10)shares of common stock, pursuant to the terms of Section 4 of the Company's Amended and Restated Articles of Incorporation, as a result of the Company's inability to declare and pay dividends on the Series B Stock for the four consecutive quarters ending March 31, 2011.