HILL VERNON W II reported 2 transactions at REPUBLIC FIRST BANCORP INC
Review the transaction codes below to understand the nature of each event.
Filed: 3/29/2022ACC: 0001437749-22-007540
Director
Since Mar 2018
+1.10M
Net shares
Net buyer
$3.75M
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
1.25M acquired · 150K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+833.33K
Price / share
$3.00
Trade value
$2.50M
% of position
38.9%
3/25/2022
2.14M→2.98M
Common Stock
Indirect
Shares
+416.67K
Price / share
$3.00
Trade value
$1.25M
% of position
17.5%
3/25/2022
2.38M→2.80M
Total
Net shares
+1.25M
Net value
$3.75M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/25/2022 | C · Conversion | +833.33K | $3.00 | $2.50M | 38.9% | 2.14M | 2.98M |
| Common Stock Indirect | 3/25/2022 | C · Conversion | +416.67K | $3.00 | $1.25M | 17.5% | 2.38M | 2.80M |
| Total | +1.25M | $3.75M | ||||||
Derivative Transactions2
series A Convertible preferred stock
Direct
Converts to
common stock
833.33K shares
Shares
−100K
Strike price
3
Held after
0.00
Exercisable
—
3/25/2022
series A Convertible preferred stock
Indirect
Converts to
common stock
416.67K shares
Shares
−50K
Strike price
3
Held after
50K
Exercisable
—
3/25/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| series A Convertible preferred stock Direct | common stock833.33K shares | 3/25/2022 | C · Conversion | −100K | 3 | — | 0.00 |
| series A Convertible preferred stock Indirect | common stock416.67K shares | 3/25/2022 | C · Conversion | −50K | 3 | — | 50K |