SEC Form 4 · accession 0001225208-18-010235
MMA Capital Holdings, Inc. · MMAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Falcone
Officer — CEO and President · Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 7:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003201
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Jun 1, 2018 | M | 30,000 | $1.15 | A | 219,413 | D | |
| CommonF1 | Jun 1, 2018 | F | 12,866 | $27.25 | D | 206,547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase common sharesF2,F3 | $1.15 | Jun 1, 2018 | M | 30,000 | D | May 10, 2010 | May 10, 2020 | Common | 30,000 | 70,000 | D |
| Options to purchase common sharesF3 | $1.80 | holding | — | — | — | Apr 24, 2012 | Apr 24, 2022 | Common | 140,000 | 140,000 | D |
Explanation of responses
- F1Witholding of shares to cover exercise price and taxes for optionee
- F2Exercise of options pursuant to a Rule 10b5-1 plan adopted March 29, 2018
- F3As a result of the transition to an external management arrangement effective January 8, 2018 Mr. Falcone terminated employment with the Company, as a result the options must be exercised no later than January 7, 2019