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4//SEC Filing

RAUSSER GORDON C 4

Accession 0001516736-11-000006

CIK 0001109546other

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 5:20 PM ET

Size

8.7 KB

Accession

0001516736-11-000006

Insider Transaction Report

Form 4
Period: 2011-07-01
Transactions
  • Conversion

    Series A Convertible Preferred Stock

    2011-07-01$100.00/sh+10,000$1,000,0000 total
    Exercise: $7.65From: 2011-12-31Common Stock (130,700 underlying)
  • Conversion

    Common

    2011-07-01$7.65/sh+130,700$999,855177,943 total
  • Purchase

    Common

    2011-07-01$4.95/sh+21,493$106,390199,436 total
Footnotes (2)
  • [F1]These Series A shares were issued to the undersigned by the issuer, in a private transaction, in consideration for the waiver by the undersigned of the right to receive payment from the issuer of accrued but unpaid cash dividends on the shares of Series A Convertible Preferred Stock converted by the undersigned into common stock of the issuer on July 1, 2011.
  • [F2]If not optionally converted sooner, the SeriesA shares were to be automatically converted into common stock on the later of (a) November 22,2011 or (b) the date on which all accrued but unpaid dividends on the Series A shares had been paid in cash.

Issuer

PACIFIC MERCANTILE BANCORP

CIK 0001109546

Entity typeother

Related Parties

1
  • filerCIK 0001055722

Filing Metadata

Form type
4
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 5:20 PM ET
Size
8.7 KB