TIMMONS WILLIAM R III 4
4 · SOUTH FINANCIAL GROUP INC · Filed May 18, 2010
Insider Transaction Report
Form 4
TIMMONS WILLIAM R III
Director
Transactions
- Exercise/Conversion
Common Stock
2010-05-16+161,230.608→ 1,191,460.95 total(indirect: By Corporation) - Exercise/Conversion
Series 2008D-NV Preferred Stock
2010-05-16−3,602→ 0 total(indirect: By Corporation)→ Common Stock (554,153.292 underlying) - Exercise/Conversion
Common Stock
2010-05-16+554,153.292→ 1,030,230.342 total(indirect: By Corporation) - Exercise/Conversion
Series 2008D-V Preferred Stock
2010-05-16−1,048→ 0 total(indirect: By Corporation)→ Common Stock (161,230.608 underlying)
Holdings
- 55,445
Common Stock
- 300(indirect: By IRA)
Common Stock
- 30,415.15(indirect: By Pension Fund)
Common Stock
- 300(indirect: By Spouse)
Common Stock
- 8,714(indirect: By Trust)
Common Stock
- 4,281.28(indirect: By DRIP)
Common Stock
- 108,254(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]Each share of Preferred Stock is convertible into approximately 153.846 shares of the Issuer's Common Stock subject to compliance with certain conditions and subject to adjustment as provided in the terms of the preferred stock.
- [F2]These shares of Preferred Stock are convertible into shares of the Issuer's Common Stock based on the conversion price set forth in the terms of the Preferred Stock following the date of the first special meeting of the Issuer's shareholders held for the purpose of obtain approval for the voting and conversion rights associated with these shares. Mandatory conversion of shares of Preferred Stock not previously converted will occur on May 1, 2011, assuming such special meeting of shareholders has been held.