4//SEC Filing
Zipperian Barbara J 4
Accession 0001649739-23-000332
CIK 0001649739other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 4:06 PM ET
Size
6.0 KB
Accession
0001649739-23-000332
Insider Transaction Report
Form 4
Zipperian Barbara J
Director
Transactions
- Purchase
Series C Cumulative Convertible Preferred Stock
2023-11-30$1000.00/sh+3$3,000→ 3 totalFrom: 2023-11-30Exp: 2033-11-30→ Common Stock
Footnotes (1)
- [F1]Ms. Zipperian acquired 3 shares of Series C Cumulative Convertible Preferred Stock. The Series C Cumulative Convertible Preferred Stock has a liquidation preference of $1,000 per share. The holders of Series C Cumulative Convertible Preferred Stock have the right to convert such shares into shares of common stock at a conversion ratio equal to the quotient of: (i) the $1,000 liquidation preference; divided by (ii) the tangible book value per share of common stock, calculated on the basis of BayFirst Financial Corp. financial statements, as of the last day of the calendar quarter occurring prior to the date on which a holder exercises the conversion right; provided, however, that tangible book value shall be adjusted to reflect a subsequent quarter end only on the last day of the month succeeding such quarter end.
Documents
Issuer
BayFirst Financial Corp.
CIK 0001649739
Entity typeother
Related Parties
1- filerCIK 0001632068
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 4:06 PM ET
- Size
- 6.0 KB