SIMMONS TIMOTHY W reported 2 transactions at SECURITY FEDERAL CORP
Review the transaction codes below to understand the nature of each event.
Filed: 4/22/2020ACC: 0000939057-20-000171
0.00
Net shares
Net seller
$1.50M
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
75K acquired · 75K disposed
Non-Derivative Transactions2
Common Stock, par value $0.01 per share
Indirect
Shares
+25K
Price / share
$20.00
Trade value
$500K
% of position
45.8%
2/14/2020
54.60K→79.60K
Common Stock, par value $0.01 per share
Direct
Shares
+50K
Price / share
$20.00
Trade value
$1M
% of position
18.2%
2/17/2020
274.25K→324.25K
Total
Net shares
+75K
Net value
$1.50M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share Indirect | 2/14/2020 | C · Conversion | +25K | $20.00 | $500K | 45.8% | 54.60K | 79.60K |
| Common Stock, par value $0.01 per share Direct | 2/17/2020 | C · Conversion | +50K | $20.00 | $1M | 18.2% | 274.25K | 324.25K |
| Total | +75K | $1.50M | ||||||
Derivative Transactions2
8% Convertible Senior Debentures
Indirect
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
20
Held after
0.00
Exercisable
—
2/14/2020
8% Convertible Senior Debentures
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
20
Held after
0.00
Exercisable
—
2/17/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| 8% Convertible Senior Debentures Indirect | Common Stock25K shares | 2/14/2020 | C · Conversion | −25K | 20 | — | 0.00 |
| 8% Convertible Senior Debentures Direct | Common Stock50K shares | 2/17/2020 | C · Conversion | −50K | 20 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Common Stock, par value $0.01 per share
IndirectShares owned300.39K
Common Stock, par value $0.01 per share
IndirectShares owned12.94K
Total
313.33K indirect313.33K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, par value $0.01 per share | 300.39K | Indirect |
| Common Stock, par value $0.01 per share | 12.94K | Indirect |
| Total | 313.33K | 313.33K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported