SCHWIERS JAMES B (President & COO) exercised options at GRANDSOUTH BANCORPORATION
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/16/2022ACC: 0001184122-22-000002
DirectorOfficer· President & COO
Since May 2021
0.00
Net shares
Net seller
$338.3K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
24.16K acquired · 24.16K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+24.16K
Price / share
$14.00
Trade value
$338.25K
% of position
36.5%
2/14/2022
66.18K→90.34K
Total
Net shares
+24.16K
Net value
$338.25K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/14/2022 | M · Option Exercise | +24.16K | $14.00 | $338.25K | 36.5% | 66.18K | 90.34K |
| Total | +24.16K | $338.25K | ||||||
Derivative Transactions1
Employee Stock Option (right to buy)
Direct
Converts to
Common Stock
24.16K shares
Shares
−24.16K
Strike price
14
Held after
34.18K
Exercisable
—
2/14/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Common Stock24.16K shares | 2/14/2022 | M · Option Exercise | −24.16K | 14 | — | 34.18K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)2
Preferred Stock - Series A
DirectUnderlying security
Common Stock
Underlying shares
3.15K
Shares owned
3.15K
Exercise price
Expiration
—
Exercise window
—
Employee Stock Option (right to buy)
DirectUnderlying security
Common Stock
Underlying shares
50K
Shares owned
50K
Exercise price
16.55
Expiration
—
Exercise window
—
Total
Underlying
53.15K
Owned
53.15K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Preferred Stock - Series A Direct | Common Stock | — | — | 3.15K | 3.15K | |
| Employee Stock Option (right to buy) Direct | Common Stock | 16.55 | — | — | 50K | 50K |
| Total | 53.15K | 53.15K | ||||