Garthwaite John R. 4
4 · Florida Bank Group, Inc. · Filed Jul 5, 2011
Insider Transaction Report
Form 4
Garthwaite John R.
EVP-Chief Investment Officer
Transactions
- Purchase
Series C Convertible Preferred Stock
[F1]2011-06-30$1000.00/sh+10$10,000→ 0 total - Other
Common Stock Warrant (right to buy)
[F2]2011-06-30$0.01/sh+12,500$125→ 12,500 totalExercise: $0.01From: 2011-06-30Exp: 2012-03-31→ Common Stock (12,500 underlying)
Holdings
- 21,696
Common Stock
- 15,000
Options
Exercise: $15.00From: 2008-12-31Exp: 2016-12-07→ Common Stock (15,000 underlying) - 7,500
Options
Exercise: $16.50From: 2008-12-31Exp: 2016-12-15→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The shares of Preferred Stock are convertible into common stock at the holder's option after December 31, 2011 and are mandatorily convertible in certain events. The stock is convertible at a per share price based upon the Company's tangible common stock book value per share as of the end of the calendar quarter prior to conversion, as calculated in accordance with the Company's Articles of Incorporation, as amended.
- [F2]One non-transferrable stock purchase warrant for each share of Series C Convertible Preferred Stock purchased, each such warrant exercisable for 1,250 shares of common stock at $.01 per share.
Signature
John R. Garthwaite|2011-06-30