SEC Form 4 · accession 0001140361-17-001977

REPUBLIC FIRST BANCORP INC · FRBK

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

Reporting owner

Director

Period of report

Jan 13, 2017

Accepted (ET)

Jan 17, 2017 · 9:20 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000834285

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 13, 2017	C	15,384	$6.50	A	35,034	D
Common Stock	Jan 13, 2017	C	21,538	$6.50	A	56,572	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Trust Preferred Securities^F1,F2	$6.50	Jan 13, 2017	C	—	D	—	—	Common Stock	15,384	0	D
Trust Preferred Securities^F1,F2	$6.50	Jan 13, 2017	C	—	D	—	—	Common Stock	21,538	0	D

F1The Trust Preferred Securities are convertible into Common Stock at the option of the holder at a conversion price of $6.50 (I) at any time on or after the last day of any calendar quarter beginning with the quarter ending on June 30, 2008, if, as of such last day of such calendar quarter, the closing sale price of the Common Stock for at least 20 trading days in a period of 30 consecutive trading days ending on the last trading day of such calendar quarter is more than 110% of the conversion price in effect on the last day of such calendar quarter, (ii) upon a change of control of the issuer, (iii) at any time after June 30, 2009, and (iv) on the business day immediately preceding the date of repayment of such Trust Preferred Securities, whether at stated maturity or upon redemption.
F2The Trust Preferred Securities have a 30-year term and expire at 5:00 p.m., New York, New York time on the business day immediately preceding the date of maturity or earlier redemption.