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4//SEC Filing

Shuford Edwin H III 4

Accession 0001366633-12-000043

CIK 0001366367other

Filed

Oct 25, 8:00 PM ET

Accepted

Oct 26, 6:13 PM ET

Size

8.1 KB

Accession

0001366633-12-000043

Insider Transaction Report

Form 4
Period: 2012-10-24
Shuford Edwin H III
EVP & Chief Credit Officer
Transactions
  • Purchase

    Mandatorily Convertible Cumulative NonVoting Preferred Stock

    2012-10-24$1000.00/sh+3$3,0002,003 total
    Exercise: $2.80Common Stock (1,071 underlying)
Holdings
  • Stock Options

    Exercise: $14.97From: 2005-05-03Exp: 2013-05-03Common Stock (2,000 underlying)
    2,000
  • Common Stock

    52,887
Footnotes (5)
  • [F1]Total shares beneficially owned include Restricted Shares, of which 3,333 have vested and of which 46,667 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.

Issuer

YADKIN VALLEY FINANCIAL CORP

CIK 0001366367

Entity typeother

Related Parties

1
  • filerCIK 0001500023

Filing Metadata

Form type
4
Filed
Oct 25, 8:00 PM ET
Accepted
Oct 26, 6:13 PM ET
Size
8.1 KB