SEC Form 4 · accession 0001144204-15-000526
MAINSTREET BANKSHARES INC · MREE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenda H Smith
Officer — President/CEO
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094742
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jan 1, 2015 | D | 440 | — | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock optionF2 | $12.09 | Jan 1, 2015 | D | 32,999 | D | Dec 1, 2005 | Dec 1, 2015 | Common stock | 32,999 | 0 | D |
| Stock optionF2 | $12.09 | Jan 1, 2015 | D | 6,600 | D | Dec 19, 2005 | Dec 19, 2015 | Common stock | 6,600 | 0 | D |
| Stock optionF2 | $16.75 | Jan 1, 2015 | D | 1,375 | D | Dec 20, 2007 | Dec 20, 2016 | Common stock | 1,375 | 0 | D |
| Stock optionF2 | $16.75 | Jan 1, 2015 | D | 1,375 | D | Dec 20, 2008 | Dec 20, 2016 | Common stock | 1,375 | 0 | D |
| Stock optionF2 | $16.75 | Jan 1, 2015 | D | 1,375 | D | Dec 20, 2009 | Dec 20, 2016 | Common stock | 1,375 | 0 | D |
| Stock optionF2 | $15.00 | Jan 1, 2015 | D | 1,288 | D | Nov 14, 2008 | Nov 14, 2017 | Common stock | 1,288 | 0 | D |
| Stock optionF2 | $15.00 | Jan 1, 2015 | D | 1,288 | D | Nov 14, 2009 | Nov 14, 2017 | Common stock | 1,288 | 0 | D |
| Stock optionF2 | $15.00 | Jan 1, 2015 | D | 1,288 | D | Nov 14, 2010 | Nov 14, 2017 | Common stock | 1,288 | 0 | D |
Explanation of responses
- F1Effective January 1, 2015, pursuant to an Agreement and Plan of Reorganization, dated as of August 24, 2014 (the "Agreement"), by and among American National Bankshares Inc ("American National") and MainSteet BankShares, Inc.("MainStreet"), MainStreet merged with and into American National, with American National as the surviving company. Each share of MainStreet common stock was converted into .482 shares of American National stock along with $3.46 cash for each share.
- F2Effective January 1, 2015, pursuant to an Agreement and Plan of Reorganization, dated as of August 24, 2014 (the "Agreement"), by and among American National Bankshares Inc ("American National") and MainSteet BankShares, Inc.("MainStreet"), MainStreet merged with and into American National, with American National as the surviving company. Each share of MainStreet common stock was converted into .482 shares of American National stock along with $3.46 cash for each share. MainStreet stock options outstanding at the time of the merger will be cnverted into American National stock options at an exchange ratio of .643.