SEC Form 4 · accession 0001225208-18-013680
MMA Capital Holdings, Inc. · MMAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Mentesana
Officer — Executive Vice President
Period of report
Sep 18, 2018
Accepted (ET)
Sep 21, 2018 · 4:30 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 | Sep 18, 2018 | M | 34,000 | $1.35 | A | 228,290 | D | |
| CommonF1 | Sep 18, 2018 | F | 17,047 | $27.90 | D | 211,243 | 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 | $1.35 | Sep 18, 2018 | M | 34,000 | D | Jan 7, 2010 | Jan 7, 2020 | Common | 34,000 | 2,000 | D |
Explanation of responses
- F1Withholding 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. Mentesana terminated employment with the Company, as a result the options must be exercised no later than January 7, 2019