COVINGTON JOE P 5
5 · Monarch Financial Holdings, Inc. · Filed Feb 16, 2010
Insider Transaction Report
Form 5
COVINGTON JOE P
Director
Transactions
- Other
common stock
2009-12-31+1,362→ 29,752 total
Holdings
- 4,000
Series B Preferred Stock
Exercise: $8.00From: 1988-08-08Exp: 1988-08-08→ common stock (12,500 underlying) - 3,300
stock options
Exercise: $9.04From: 2005-09-14Exp: 2015-09-13→ common stock (3,300 underlying)
Footnotes (4)
- [F1]shares paid to this Director in lieu of Board and Committee meeting fees throughout 2009.
- [F2]The full name of the Series B Preferrred Stock is "7.80% Series B Noncumulative Convertible Perpetual Preferred Stock."
- [F3]The Series B Preferred Stock is exercisable immediately and has no expiration date.
- [F4]Each share of the Series B Preferred Stock is convertible to 3.125 shares of the underlying security.