SEC Form 4 · accession 0001144204-15-000545
MAINSTREET BANKSHARES INC · MREE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Jarrett Correll
Officer — Senior VP/CFO
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 5:35 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 | 0 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stock optionF2 | $15.00 | Jan 1, 2015 | D | 900 | D | Nov 14, 2010 | Nov 14, 2017 | common stock | 900 | 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 converted into American National stock options at an exhange ratio of .643.