4/A//SEC Filing
MILLER JEROME DR 4/A
Accession 0001271439-04-000001
CIK 0000772349other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 4:57 PM ET
Size
7.4 KB
Accession
0001271439-04-000001
Insider Transaction Report
Form 4/AAmended
MILLER JEROME DR
Director
Transactions
- Other
Series A Preferred Stock
2003-12-31+30,164→ 30,164 total→ Common Stock
Footnotes (4)
- [F1]Each share of Series A Convertible Preferred Stock is convertible into the number of shares of Common Stock determined by dividing (A) by (B), where (A) is $1.00 plus any accrued but unpaid dividends (if the conversion date is prior to December 31, 2005 because the Series A Convertible Preferred Stock has become convertible due to a failure to pay any dividends), $1.20 plus any accrued but unpaid dividends (if the conversion date is prior to December 31, 2006 but on or after December 31, 2005) or $1.30 plus any accrued but unpaid dividends (if the conversion date is on or after December 31, 2006), and (B) is the market value of a share of Common Stock on the conversion date (but not less than $5.00, subject to adjustment for stock splits).
- [F2]December 31, 2005 (or on or after December 31, 2004 if dividends are not paid at any time on the Series A Convertible Preferred Stock).
- [F3]None - perpetual existence.
- [F4]Pursuant to exchange option no. 1 chosen by Dr. Miller in the Offer to Exchange of the Issuer dated December 1, 2003, the Subordinated Debentures of the Issuer tendered by Dr. Miller were exchangeable for the number of shares of Series A Convertible Preferred Stock determined by dividing fifty-percent of the principal outstanding amount of Subordinated Debentures tendered by Dr. Miller in the exchange by the $1.00 liquidation value of a share of Series A Convertible Preferred Stock.
Documents
Issuer
AMERICAN BUSINESS FINANCIAL SERVICES INC /DE/
CIK 0000772349
Entity typeother
Related Parties
1- filerCIK 0001211040
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 4:57 PM ET
- Size
- 7.4 KB