SEC Form 4 · accession 0001140361-18-032231

REPUBLIC FIRST BANCORP INC · FRBK

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

Reporting owner

Director

Period of report

Mar 29, 2018

Accepted (ET)

Jul 12, 2018 · 11:43 am EDT

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	Mar 29, 2018	C	923,076	$6.50	A	2,123,150	D
Common Stock	holding	—	—		—	2,529,000	I	Trustee

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	Mar 29, 2018	C	6,000,000	D	—	—	Common Stock	923,076	0	D

F1The Trust Preferred Securities were 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. The Trust Preferred Securities were called for redemption effective March 31, 2018.
F2The Trust Preferred Securities originally had a 30-year term and were called for redemption as of the close of business on March 31, 2018.