Luttrell D Scott 4
4 · Florida Bank Group, Inc. · Filed Jul 5, 2011
Insider Transaction Report
Form 4
Luttrell D Scott
Director
Transactions
- Other
Common Stock Warrant (right to buy)
2011-06-30$0.01/sh+82,500$825→ 82,500 total(indirect: By LCM Group Employee Profit Sharing Plan)Exercise: $0.01From: 2011-06-30Exp: 2012-03-31→ Common Stock (82,500 underlying) - Other
Common Stock Warrant (right to buy)
2011-06-30$0.01/sh+396,250$3,963→ 396,250 total(indirect: By 118 Capital Fund, Inc.)Exercise: $0.01From: 2011-06-30Exp: 2012-03-31→ Common Stock (396,250 underlying) - Purchase
Series C Convertible Preferred Stock
2011-06-30$1000.00/sh+317$317,000→ 0 total(indirect: By 118 Capital Fund Inc.) - Purchase
Series C Convertible Preferred Stock
2011-06-30$1000.00/sh+66$66,000→ 0 total(indirect: By LCM Group Employee Profit Sharing Plan)
Holdings
- 514,775(indirect: By 118 Capital Fund Inc.)
Common Stock
- 508,502(indirect: By Trust)
Common Stock
- 62,832(indirect: By LCM Group Inc Employee Profit Sharing Plan)
Common Stock
- 7,500
Options
Exercise: $16.50From: 2008-12-31Exp: 2016-12-15→ Common Stock (7,500 underlying)
Footnotes (4)
- [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]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.
- [F3]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.
- [F4]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.