TOWELL JOSEPH HAMPTON 4
4 · YADKIN VALLEY FINANCIAL CORP · Filed Oct 26, 2012
Insider Transaction Report
Form 4
TOWELL JOSEPH HAMPTON
EVP and Chief Admin. Officer
Transactions
- Purchase
Mandatorily Convertible Cumulative NonVoting Preferred Stock
2012-10-24$1000.00/sh+75$75,000→ 8,075 totalExercise: $2.80→ Common Stock (26,785 underlying)
Holdings
- 322,111
Common Stock
- 8,000
Stock Options
Exercise: $14.91From: 2009-02-19Exp: 2018-02-19→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]Total shares beneficially owned include 185,000 shares of unvested Restricted Stock, which was previously reported under the security title "Restricted Stock" instead of Common Stock, vesting schedules and restrictions described on Form 4 filed 4/17/2012.
- [F2]The full title of the Security is Mandatorily Convertible Cumulative Non-Voting Perpetual Preferred Stock, Series A
- [F3]Subject to shareholders' approval of the conversion into common stock
- [F4]The Series A Preferred Stock is convertible into common stock upon shareholder approval in accordance with the Articles of Amendment to the Articles of Incorporation
- [F5]The Series A Preferred Stock is perpetual, and thus, has no expiration date.