SEC Form 4 · accession 0001140361-17-000997
FIRST BANCSHARES INC /MS/ · FBMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
M Ray Cole Jr.
Officer — PRESIDENT and CEO · Director
Period of report
Dec 30, 2016
Accepted (ET)
Jan 6, 2017 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000947559
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Dec 30, 2016 | C | 2,000 | — | A | 65,136 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SERIES E PREFERRED STOCKF1 | — | Dec 30, 2016 | C | 2,000 | D | — | — | COMMON STOCK | 2,000 | 0 | D |
Explanation of responses
- F1The company's Mandatorily Convertible, Nonvoting, Noncumulative Preferred Stock, Series E, was mandatorily converted on a 1-for-1 basis into shares of The First Bancshares, Inc.'s Common Stock on 12-30-16, following shareholder approval of the issuance of the underlying Common Stock on 12-29-16. All shares of the Mandatorily Convertible, Nonvoting, Noncumulative Preferred Stock, Series E are being surrendered to the company and have resumed the status of authorized and unissued preferred stock.