COVINGTON JOE P 4
4 · Monarch Financial Holdings, Inc. · Filed Dec 22, 2010
Insider Transaction Report
Form 4
COVINGTON JOE P
Director
Transactions
- Award
restricted stock award
2010-12-22$12256.00/sh+1,515$18,567,840→ 31,267 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 (3)
- [F1]The full name of the Series B Preferred Stock is "7.80% Series B Noncumulative Convertible Perpetual Preferred Stock."
- [F2]The Series B Preferred Stock is exercisable immediately and has no expiration date.
- [F3]Each share of the Series B Preferred Stock is convertible to 3.125 shares of the underlying security.