Smithson Lisa 4

4 · Florida Bank Group, Inc. · Filed Nov 3, 2011

Form 4

Period: 2011-06-30

Director

Transactions

Other
Common Stock Warrant (right to buy)
2011-06-30$0.01/sh+1,250$13→ 1,250 total
Exercise: $0.01From: 2011-06-30Exp: 2012-03-31→ Common Stock (1,250 underlying)
Purchase
Series C Convertible Preferred Stock
2011-06-30$1000.00/sh+1$1,000→ 0 total
Purchase
Serices C Convertible Preferred Stock
2011-06-30$1000.00/sh+9$9,000→ 0 total(indirect: By Trust)
Other
Common Stock Warrant (right to buy)
2011-06-30$0.01/sh+11,250$113→ 11,250 total(indirect: By Trust)
Exercise: $0.01From: 2011-06-30Exp: 2012-03-31→ Common Stock (11,250 underlying)

Holdings

Common Stock
756
Common Stock
(indirect: By Trust)
9,002
Option
Exercise: $16.50From: 2008-12-31Exp: 2016-12-15→ Common 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.

Documents

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