Hollar Jan H 4
4 · YADKIN VALLEY FINANCIAL CORP · Filed Oct 26, 2012
Insider Transaction Report
Form 4
Hollar Jan H
EVP & Chief Financial Officer
Transactions
- Purchase
Mandatorily Convertible Cumulative NonVoting Preferred Stock
2012-10-24$1000.00/sh+45$45,000→ 2,045 totalExercise: $2.80→ Common Stock (16,071 underlying)
Holdings
- 123,888
Common Stock
- 2,000
Stock Options
Exercise: $3.84From: 2010-12-08Exp: 2019-12-08→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]Total shares beneficially owned include Restricted Shares, of which 3,333 have vested and of which 66,667 remain unvested. The Restricted Shares were titled under Column I 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.