Ward Gary 4
4 · Florida Bank Group, Inc. · Filed Jan 11, 2012
Insider Transaction Report
Form 4
Ward Gary
EVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2012-01-11$0.01/sh+1,250$13→ 1,250 total - Exercise/Conversion
Common Stock Warrant (right to buy)
2012-01-11−1,250→ 0 totalExercise: $0.01From: 2011-09-30Exp: 2012-03-31→ Common Stock (1,250 underlying)
Holdings
- 1
Series C Convertible Preferred Stock
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]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]Held Jointly with Spouse
- [F4]Non-transferrable stock purchase warrant exercised.