SEC Form 4 · accession 0001181431-15-003745
LIMESTONE BANCORP, INC. · LMST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Kirk Wycoff
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001358356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Mar 2, 2015 | C | 625,000 | $0.00 | A | 1,871,471 | I | By Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-voting Common SharesF1,F3,F2 | — | Mar 2, 2015 | C | 6,458,000 | A | — | — | Common Shares | — | 6,458,000 | I |
| Non-voting Mandatorily Convertible Series B Preferred SharesF1,F4 | — | Mar 2, 2015 | C | 6,250 | D | — | — | Common Shares | 625,000 | 0 | I |
| Non-voting Mandatorily Convertible Series D Preferred SharesF1,F3,F5 | — | Mar 2, 2015 | C | 64,580 | D | — | — | Non-voting Common Shares | 6,458,000 | 0 | I |
Explanation of responses
- F11,606,494 Common Shares are held by Patriot Financial Partners, L.P. and 264,977 Common Shares are held by Patriot Financial Partners Parallel, L.P. Patriot Financial Partners, GP, L.P. ("Patriot GP") is a general partner of each of Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. (together, the "Patriot Funds") and Patriot Financial Partners, GP, LLC ("Patriot LLC") is a general partner of Patriot GP. In addition, Mr. Wycoff is one of the general partners of the Patriot Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Patriot Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
- F2Each Non-Voting Common Share is initially convertible into one (1) Common Share, subject to adjustment in the event of stock splits, stock dividends, and certain other changes to the Common Shares. Non-Voting Common Shares convert into Common Shares only when transferred by the holder.
- F35,506,800 Non-Voting Common Shares are held by Patriot Financial Partners, L.P. and 951,200 Non-Voting Common Shares are held by Patriot Financial Partners Parallel, L.P.
- F4Each Series B Preferred Share automatically converted into 100 Common Shares following approval by shareholders of Porter Bancorp, in accordance with NASDAQ rules.
- F5Each Series D Preferred Share automatically converted into 100 Non-Voting Common Shares following approval by shareholders of Porter Bancorp, in accordance with NASDAQ rules.