STEVENS WILLIAM G 4
4 · COMMUNITY CAPITAL CORP /SC/ · Filed Sep 23, 2009
Insider Transaction Report
Form 4
STEVENS WILLIAM G
DirectorPresident/CEO
Transactions
- Exercise of In-Money
Subscription Rights (Right to Buy)
2009-09-21−18,915→ 0 total(indirect: By Spouse)Exercise: $2.75From: 2009-08-14Exp: 2009-09-21→ Common Stock (18,915 underlying) - Exercise of In-Money
Subscription Rights (Right to Buy)
2009-09-21−2,890→ 0 total(indirect: By 401(k))Exercise: $2.75From: 2009-08-14Exp: 2009-09-21→ Common Stock (2,890 underlying) - Purchase
Common Stock
2009-09-04$2.70/sh+37,037$100,000→ 52,490.9 total(indirect: By 401(k)) - Exercise of In-Money
Common Stock
2009-09-21$2.75/sh+18,915$52,016→ 30,715 total(indirect: By Spouse) - Award
Common Stock
2009-09-21$2.75/sh+28,585$78,609→ 59,300 total(indirect: By Spouse) - Exercise of In-Money
Subscription Rights (Right to Buy)
2009-09-21−3,760→ 0 total(indirect: By IRA)Exercise: $2.75From: 2009-08-14Exp: 2009-09-21→ Common Stock (3,760 underlying) - Discretionary Transaction
Common Stock
2009-05-15$5.90/sh−18,286$107,887→ 13,047.784 total(indirect: By 401(k)) - Exercise of In-Money
Common Stock
2009-09-21$2.75/sh+2,890$7,948→ 55,380.9 total(indirect: By 401(k)) - Exercise of In-Money
Common Stock
2009-09-21$2.75/sh+3,760$10,340→ 6,106 total(indirect: By IRA)
Footnotes (1)
- [F1]Pursuant to a registered rights offering (the "Rights Offering"), all of the Company's shareholders were granted basic subscription rights to purchase shares of the Company's common stock at a per share price of $2.75 per share (the "Basic Subscription Right"). In addition to the exercise and acquisition of shares pursuant to the Basic Subscription Right reflected on Table I and II of this Form 4, the reporting person elected to purchase unsubscribed shares of the Company's common stock at the same subscription price of $2.75 per share, subject to proration and subject further to reduction by the Company in certain circumstances (the "Over-Subscription Privilege"). For purpose of securing an exemption under Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended, the Board approved the acquisition by its directors and officers pursuant to such Over-Subscription Privilege.