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4//SEC Filing

PACIFIC MERCANTILE BANCORP 4

Accession 0001516736-11-000015

CIK 0001109546operating

Filed

Sep 7, 8:00 PM ET

Accepted

Sep 8, 8:19 PM ET

Size

9.4 KB

Accession

0001516736-11-000015

Insider Transaction Report

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

    Common

    2011-07-01$7.65/sh+653,500$4,999,275763,500 total(indirect: (*1))
  • Purchase

    Common

    2011-07-01$4.95/sh+159,371$788,886922,871 total(indirect: (*1))
  • Conversion

    Series A Convertible Preferred Stock

    2011-07-01$100.00/sh+50,000$5,000,0000 total(indirect: (*1))
    Exercise: $7.65From: 2011-12-31Common Stock (653,500 underlying)
Footnotes (3)
  • [F1]These shares are owned in the name of the Argyros Family Trust, of which the Reported Person and his spouse are each co-trustees.
  • [F2]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.
  • [F3]If not optionally converted sooner, the Series A 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 typeoperating
IncorporatedCA

Related Parties

1
  • filerCIK 0001109546

Filing Metadata

Form type
4
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 8:19 PM ET
Size
9.4 KB