GRANDSOUTH BANCORPORATION·4

Dec 6, 5:33 PM ET

GARRETT MASON Y 4

4 · GRANDSOUTH BANCORPORATION · Filed Dec 6, 2022

Insider Transaction Report

Form 4
Period: 2022-12-06
GARRETT MASON Y
DirectorChairman & CEO10% Owner
Transactions
  • Other

    Common Stock

    2022-12-062,2230 total(indirect: By Children)
  • Other

    Common Stock

    2022-12-0661,4920 total(indirect: Transfer to Brother)
Holdings
  • Common Stock

    (indirect: By Children)
    13,336
  • Common Stock

    (indirect: By LLC)
    61,492
  • Common Stock

    348,255
  • Common Stock

    (indirect: By Spouse)
    174,663
  • Common Stock

    (indirect: By Mason Y. Garrett Family, LP)
    300,000
  • Preferred Stock - Series A

    Common Stock (9,204 underlying)
    9,204
Footnotes (3)
  • [F1]Includes 2,223 shares formerly held by Mr. M. Garrett as custodian for his step-daughter. These shares were transferred to his step-daughter, who does not share his household.
  • [F2]Includes 61,492 shares held by Mr. M. Garrett as custodian for his brother. These shares were transferred to his brother, who does not share his household.
  • [F3]The Series A Preferred Stock is convertible upon a Change of Control as defined in the Articles of Amendment designating the Series A Preferred into a number of shares of the issuers common stock on a one for one basis and has no expiration date.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT