Home/Filings/4/0001366633-09-000019
4//SEC Filing

HALL THOMAS JOHNSTON 4

Accession 0001366633-09-000019

CIK 0001366367other

Filed

May 28, 8:00 PM ET

Accepted

May 29, 6:25 PM ET

Size

7.2 KB

Accession

0001366633-09-000019

Insider Transaction Report

Form 4
Period: 2009-05-26
Transactions
  • Award

    Common Stock

    2009-05-26+3,5033,503 total
Holdings
  • Stock Option

    Exercise: $15.24From: 2009-04-17Exp: 2016-04-25Common Stock (4,258 underlying)
    4,258
Footnotes (3)
  • [F1]Received in connection with the merger of American Community Bancshares, Inc. (ACBA) into Yadkin Valley Financial Corporation (YAVY). In accordance with the Merger Agreement, the shareholder's elections, and the final calculation results, the shareholder received in exchange for 5,500 shares of ACBA common stock, cash consideration on 25.2036898% of the shares and 0.8517 shares of YAVY common stock for each of the remaining 4,114 shares of ACBA common stock, which resulted in the ownership of 3,503 shares of YAVY.
  • [F2]In accordance with the Merger Agreement between ACBA and YAVY, stock option exercise price converted from $12.98 per share to $15.24 per share.
  • [F3]In accordance with the Merger Agreement between ACBA and YAVY, the stock options converted from 5,000 ACBA options to 4,258 YAVY options.

Issuer

YADKIN VALLEY FINANCIAL CORP

CIK 0001366367

Entity typeother

Related Parties

1
  • filerCIK 0001258867

Filing Metadata

Form type
4
Filed
May 28, 8:00 PM ET
Accepted
May 29, 6:25 PM ET
Size
7.2 KB