SEC Form 4 · accession 0001340317-15-000005

BEAR STATE FINANCIAL, INC. · BSF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jan 21, 2015

Accepted (ET)

Jan 23, 2015 · 7:16 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001006424

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Dec 15, 2014	J	5,213	$0.00	A	52,136	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F1,F2,F4	—	Jan 23, 2015	A	1,100	A	—	—	Common Stock	1,100	2,322	D
Warrant (Right to Buy)^F1	$7.90	Dec 15, 2014	J	3,938	A	Aug 13, 2013	Aug 13, 2018	Common Stock	3,938	39,381	D

F1On November 12, 2014, the issuer declared a stock dividend of 1 share of common stock, par value $0.01 per share ("Common Stock"), for every 9 shares of Common Stock owned by holders of record at the close of business on December 1, 2014. The stock dividend was paid on December 15, 2014. As a result, the reporting person received 5,213 shares of Common Stock. At the same time, pursuant to the anti-dilution provisions of the issuer's 2011 Omnibus Incentive Plan and the anti-dilution provisions of the reporting person's warrants acquired from the issuer on August 13, 2013, all outstanding restricted stock units and warrants were adjusted to account for the stock dividend, resulting in the reporting person receiving 122 additional restricted stock units and the right to purchase an additional 3,938 shares of Common Stock upon exercise of the warrant.
F2Each restricted stock unit represents a contingent right to receive one share of BSF common stock.
F3The restricted stock units were granted pursuant to the 2011 Omnibus Incentive Plan.
F4The restricted stock units vest ratably on the first, second and third anniversaries of the grant date.