DAVIS HARRY M 4
4 · YADKIN VALLEY FINANCIAL CORP · Filed Oct 26, 2012
Insider Transaction Report
Form 4
DAVIS HARRY M
Director
Transactions
- Purchase
Mandatorily Convertible Cumulative NonVoting Preferred Stock
2012-10-24$1000.00/sh+15$15,000→ 15 totalExercise: $2.80→ Common Stock (5,357 underlying)
Holdings
- 40,417
Common Stock
Footnotes (3)
- [F1]Subject to shareholders' approval of the conversion into common stock
- [F2]The Series A Preferred Stock is conertible into common stock upon shareholder approval in accordance with the Articles of Amendment to the Articles of Incorporation
- [F3]The Series A Preferred Stock is perpetual, and thus, has no expiration date