TIPPMAN JOHN V SR 4/A
4/A · TOWER FINANCIAL CORP · Filed Oct 20, 2010
Insider Transaction Report
Form 4/AAmended
TIPPMAN JOHN V SR
Director
Transactions
- Conversion
Common Stock
2010-07-14$6.02/sh+166,113$1,000,000→ 386,652 total - Conversion
Series A Convertible Preferred Stock
2010-07-14−10,000→ 0 totalExercise: $6.02From: 2009-09-25→ Common Stock (166,113 underlying)
Footnotes (2)
- [F1]This amendment is being filed to correct scrivener's error of listing the convertible stock that was disposed of within the acquired column and to correct the amount of the shares converted as reported on the original filing on July 15, 2010.
- [F2]The Series A convertible preferred stock has no expiration date; however, Tower Financial Corp has the right to call the shares on or after September 25, 2012 and until September 24, 2013 at 110% of par, after September 25, 2013 and until September 24, 2014 at 105% of par, and at par after September 25, 2014.