HomeTown Bankshares Corp 4
4 · HomeTown Bankshares Corp · Filed Jul 5, 2016
Insider Transaction Report
Form 4
HAMRICK DANIEL D
Director
Transactions
- Conversion
Series C Convertible Preferred Stock
2016-06-29$1000.00/sh−100$100,000→ 0 totalExercise: $1000.00From: 2013-06-28→ common stock (16,640 underlying) - Conversion
common stock
2016-06-29$6.01/sh+16,640$100,006→ 25,440 total
Footnotes (3)
- [F1]Acquired shares of common stock at a conversion price per share of $6.01 in exchange for shares of Series C Convertible Preferred Stock value $1,000 due to the Company's election to convert Preferred Shares into Common Shares.
- [F2]Disposed of shares of Series C Convertible Preferred Stock in exchange for shares of Common Stock at a conversion price of $6.01 per share of Common Stock due to the Company's election to convert Preferred Shares into Common Shares.
- [F3]Series C Convertible Preferred Stock is perpetual and the conversion feature does not expire.