BNC BANCORP 4
4 · BNC BANCORP · Filed Jul 23, 2012
Insider Transaction Report
Form 4
BNC BANCORPBNCN
COLTRANE JOSEPH JR
Director
Transactions
- Conversion
Series C Preferred Stock
2012-07-20−70→ 0 totalExercise: $7.00→ common stock (9,999 underlying) - Conversion
Common Stock
2012-07-20$7.00/sh+9,999$69,996→ 60,249 total
Footnotes (1)
- [F1]Following shareholder approval of the conversion of the Series C Preferred Stock into shares of Common Stock on July 17, 2012, such conversion occurred on July 20, 2012, at a conversion price of $7.00035. The Series C Preferred Stock had no expiration date.