SEC Form 4 · accession 0000939057-17-000503
SECURITY FEDERAL CORP · SFDL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris J Verenes
Officer — Chief Executive Officer · Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 1:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000818677
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Nov 30, 2017 | M | 2,000 | $23.49 | A | 24,346 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $23.49 | Nov 30, 2017 | M | 2,000 | D | — | Dec 31, 2017 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Includes 5,300 shares held jointly with his wife
- F2The options were granted under the Issuer's 1999 Stock Option Plan and were exercisable at a rate of 20% per year beginning on November 1, 2013.