4//SEC Filing
Romine Michael J. 4
Accession 0001209191-12-030720
CIK 0001284506other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 3:31 PM ET
Size
10.8 KB
Accession
0001209191-12-030720
Insider Transaction Report
Form 4
Romine Michael J.
Director
Transactions
- Conversion
Mandatorily Conv Cumulative Part Pref Stock, Series B
2012-05-24$50.00/sh−29,864.74$1,493,237→ 0 totalExercise: $1.00→ Non-Voting Common Stock (1,493,237 underlying) - Conversion
Non-Voting Common Stock
2012-05-24+1,493,237→ 1,493,237 total
Holdings
- 503,203(indirect: By LLC)
Common Stock
- 908
Director Stock Option
Exercise: $13.19Exp: 2014-05-01→ Common Stock (158 underlying) - 508,585
Common Stock
- 5,454(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]29,864.74 shares of Mandatorily Convertible Participating Preferred Stock, Series B were automatically converted into 1,493,237 shares of Non-Voting Common Stock on May 24, 2012, following shareholder approval on May 17, 2012 of an amendment to the Company's Articles of Incorporation authorizing shares of Non-Voting Common Stock. The original cost basis of the Preferred Stock, Series B was $50 per share, with a resulting cost basis of $1 per share at the conversion ratio of 50:1.
- [F2]The Preferred Stock, Series B was automatically convertible upon receiving shareholder approval of the article amendment and had no expiration date.
- [F3]The option vested in five equal annual installments beginning on May 1, 2005 and the price and number of shares were adjusted for a 3:2 stock dividend in March 2005 and 10% stock dividends in May 2006 and 2007.
Documents
Issuer
INTERMOUNTAIN COMMUNITY BANCORP
CIK 0001284506
Entity typeother
Related Parties
1- filerCIK 0001290813
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 3:31 PM ET
- Size
- 10.8 KB