4//SEC Filing
DeMarcus William M 4
Accession 0001366633-12-000041
CIK 0001366367other
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 5:43 PM ET
Size
9.7 KB
Accession
0001366633-12-000041
Insider Transaction Report
Form 4
DeMarcus William M
EVP & Chief Banking Officer
Transactions
- Purchase
Mandatorily Convertible Cumulative NonVoting Preferred Stock
2012-10-24$1000.00/sh+15$15,000→ 8,532 total(indirect: By LLC)Exercise: $2.80→ Common Stock (5,357 underlying)
Holdings
- 500(indirect: By IRA)
Common Stock
- 119,805
Common Stock
- 8,517
Stock Options
Exercise: $10.21From: 2010-04-17Exp: 2018-03-18→ Common Stock (8,517 underlying) - 68.092(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Total shares beneficially owned include Restricted Shares, of which 6,666 have vested and of which 93,334 remain unvested. The Restricted Shares were titled under Column 1 initially as Restricted Shares and should have been titled Common Stock. A description of the Awards of Restricted Shares can be found in the Form 4 filed 04/17/2012.
- [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.
Documents
Issuer
YADKIN VALLEY FINANCIAL CORP
CIK 0001366367
Entity typeother
Related Parties
1- filerCIK 0001433035
Filing Metadata
- Form type
- 4
- Filed
- Oct 25, 8:00 PM ET
- Accepted
- Oct 26, 5:43 PM ET
- Size
- 9.7 KB