SEC Form 4 · accession 0001437749-18-022514

LIMESTONE BANCORP, INC. · LMST

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

Reporting owner

Director

Period of report

Dec 19, 2018

Accepted (ET)

Dec 21, 2018 · 4:05 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 Shares^F1	Dec 19, 2018	P	25,100	$13.25	A	186,150	I	By limited partnership
Common Shares^F1	Dec 20, 2018	P	8,691	$13.00	A	194,841	I	By limited partnership
Common Shares^F1	Dec 20, 2018	P	2,803	$13.10	A	197,644	I	By limited partnership
Common Shares^F1	Dec 20, 2018	P	74,900	$13.25	A	272,544	I	By limited Partnership
Common Shares	holding	—	—		—	118,542	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-voting Common Shares^F1,F2	—	holding	—	—	—	—	—	Common Shares	1,000,000	1,000,000	I

F1Represents transactions by Patriot Financial Partners III, L.P. The reporting person disclaims beneficial ownership of the 261,494 common shares and the 1.0 million nonvoting common shares beneficially owned by Patriot Financial Partners III, L.P., and the 11,050 common shares beneficially owned by Patriot Financial Manager, L.P. except to the extent of his pecuniary interest therein
F2Non-voting common shares contain an automatic conversion feature as follows: Each issued and outstanding Non-Voting Common Share shall automatically be converted into one (1) Common Share (the "Conversion Rate") upon the transfer of such Non-Voting Common Share (or any security convertible to or exercisable for such Non-Voting Common Share) in (a) a widespread public distribution, including pursuant to a registration statement filed with and declared effective by the SEC or pursuant to Rule 144 under the Securities Act, (b) a transfer in which no transferee (or group of associated transferees) would receive more than 2% of any class of Voting Securities or (c) a transfer to a transferee that controls more than 50% of the Voting Securities without any transfer from the transferor. The foregoing automatic conversion may occur as to some or all of the Non-Voting Common Shares held by any holder.