GAULT MICHAEL L enters GRANDSOUTH BANCORPORATION with 78.78K shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Indirect Derivatives
Filed: 5/14/2021ACC: 0001503249-21-000002
78.78K
Baseline shares
19% direct
15.35K
Direct ownership
2 positions
10K
Derivative underlying
1 instrument
5
Security positions
63.43K indirect
Non-Derivative Holdings5
Preferred Series A
DirectShares owned1.54K
Common Stock
DirectShares owned13.81K
Preferred Series A
IndirectShares owned2.15K
Common Stock
IndirectShares owned1.54K
Common Stock
IndirectShares owned59.75K
Total
15.35K direct·63.43K indirect78.78K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Preferred Series A | 1.54K | Direct |
| Common Stock | 13.81K | Direct |
| Preferred Series A | 2.15K | Indirect |
| Common Stock | 1.54K | Indirect |
| Common Stock | 59.75K | Indirect |
| Total | 78.78K | 15.35K direct·63.43K indirect |
Derivative Holdings1
Stock Option
DirectUnderlying security
Common Stock
Underlying shares
10K
Shares owned
N/A
Exercise price
16.55
Expiration
—
Exercise window
—
Total
Underlying
10K
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock | 16.55 | — | — | 10K | N/A |
| Total | 10K | 0.00 | ||||