Shuford Edwin H III 5
5 · YADKIN VALLEY FINANCIAL CORP · Filed Feb 14, 2012
Insider Transaction Report
Form 5
Shuford Edwin H III
EVP & Chief Credit Officer
Transactions
- Award
Restricted Stock
2011-02-25$2.25/sh+10,000$22,500→ 10,000 total - Purchase
Common Stock
2011-05-06$1.98/sh+2,541$5,031→ 12,541 total - Purchase
Common Stock
2011-06-23$1.98/sh+346$685→ 12,887 total
Holdings
- 2,000
Stock Options
Exercise: $14.97From: 2005-05-03Exp: 2013-05-03→ Common Stock (2,000 underlying)
Footnotes (4)
- [F1]Following the filing of Mr. Shuford's initial Form 3, it was deemed that he was not a Section 16 Reporting Officer of the Isuser. Mr. Shuford has now been deemed a Section 16 Reporting Officer, so this Form 5 is being filed to report transactions that occured in 2011 that he was not previously required to report.
- [F2]The issuer is a participant in the TARP Capital Purchase Program. As a result, the restricted stock granted to Mr. Shuford shall vest pursuant to the following schedule: 3,333 shares on 2/25/2012; 3,333 shares on 2/25/2013, and 3,334 shares on 2/25/2014, provided, however, that no Restricted Stock shall be vested prior to the earliest date permitted by Section 111(b)(3)(D) of the Emergency Economic Stabilization Act of 2008 and the regulations adopted purusant thereto
- [F3]Acquired in Private Placement Offering
- [F4]Price adjusted from $2.25 per share following shareholders' approval of the discounted price of $1.98 per share, which occured on 6/23/2011