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4//SEC Filing

Smithson Lisa 4

Accession 0001181431-11-054494

CIK 0001370914other

Filed

Nov 2, 8:00 PM ET

Accepted

Nov 3, 1:26 PM ET

Size

14.5 KB

Accession

0001181431-11-054494

Insider Transaction Report

Form 4
Period: 2011-06-30
Transactions
  • Other

    Common Stock Warrant (right to buy)

    2011-06-30$0.01/sh+1,250$131,250 total
    Exercise: $0.01From: 2011-06-30Exp: 2012-03-31Common Stock (1,250 underlying)
  • Purchase

    Series C Convertible Preferred Stock

    2011-06-30$1000.00/sh+1$1,0000 total
  • Purchase

    Serices C Convertible Preferred Stock

    2011-06-30$1000.00/sh+9$9,0000 total(indirect: By Trust)
  • Other

    Common Stock Warrant (right to buy)

    2011-06-30$0.01/sh+11,250$11311,250 total(indirect: By Trust)
    Exercise: $0.01From: 2011-06-30Exp: 2012-03-31Common Stock (11,250 underlying)
Holdings
  • Common Stock

    756
  • Common Stock

    (indirect: By Trust)
    9,002
  • Option

    Exercise: $16.50From: 2008-12-31Exp: 2016-12-15Common Stock (7,500 underlying)
    7,500
Footnotes (5)
  • [F1](1) 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.
  • [F3](1) 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.
  • [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.
  • [F5]On June 30, 2011 the reporting person mistakenly filed a Form 4 reporting a per share purchase price of $9000 for shares of Series C Convertible Preferred Stock. The correct amount should have been $1000 per share.

Issuer

Florida Bank Group, Inc.

CIK 0001370914

Entity typeother

Related Parties

1
  • filerCIK 0001475695

Filing Metadata

Form type
4
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 1:26 PM ET
Size
14.5 KB