Independence Bancshares, Inc. 4
4 · Independence Bancshares, Inc. · Filed May 18, 2015
Insider Transaction Report
Form 4
WILLUMSTAD ROBERT B
DirectorChairman
Transactions
- Purchase
SERIES A CONVERTIBLE PREFERRED STOCK
2015-05-14$0.80/sh+250$200→ 250 totalExercise: $0.80From: 2015-05-14→ COMMON STOCK (250 underlying) - Award
STOCK OPTION (RIGHT TO BUY)
2015-05-14+37,500→ 37,500 totalExercise: $0.65From: 2015-05-14Exp: 2025-05-14→ COMMON STOCK (37,500 underlying)
Holdings
- 1,250,000
COMMON STOCK
Footnotes (2)
- [F1]The Series A preferred stock is convertible into Independence Bancshares, Inc. common stock at a price per share of $0.80 per share, thus, each share of Preferred Stock would convert into 1,250 shares of Common Stock.
- [F2]The Series A preferred stock has no expiration date.