SEC Form 4 · accession 0001309345-16-000002
COMMUNITY SHORES BANK CORP · CSHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Chandonnet
Director · 10% Owner
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 11:14 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070523
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 28, 2016 | P | 335,632 | $2.55 | A | 399,262 | D | |
| Common StockF2 | Mar 28, 2016 | P | 214,659 | $1.91 | A | 613,921 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (Right to Buy) | $2.55 | Mar 28, 2016 | M | 111,276 | D | Oct 12, 2015 | Dec 15, 2015 | Common Stock | 111,276 | 0 | D |
Explanation of responses
- F1Includes shares of Common Stock acquired from the issuer through the rights offering and a private placement.
- F2The reporting owner acquired these shares of Common Stock from the issuer through a debt conversion transaction.