Filing Details

Accession Number:
0001181431-10-017443
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-19 13:00:00
Reporting Period:
2010-03-17
Filing Date:
2010-03-19
Accepted Time:
2010-03-19 16:18:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1082368 Bank Of Florida Corp BOFL National Commercial Banks (6021) 593535315
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1350682 L Tracy Keegan 1185 Immokalee Road
Naples FL 34110
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-03-17 2,599 $1.02 4,311 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Common Stock 10,000 Direct
Restricted Common Stock 12,000 Direct
Common Stock 2,609 Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $22.70 2007-01-01 2016-01-01 10,000 10,000 Direct
Common Stock Stock Option $20.50 2008-01-03 2017-01-03 2,800 2,800 Direct
Newly Issued Securities Series B Preferred Stock $25,000.00 2009-06-29 2011-01-01 0 1 Direct
Common Stock Warrants $3.47 2009-06-29 2019-06-29 720 1 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-01-01 10,000 10,000 Direct
2017-01-03 2,800 2,800 Direct
2011-01-01 0 1 Direct
2019-06-29 720 1 Direct
Footnotes
  1. Vests in three annual installments beginning on this date.
  2. Vests in five annual installments beginning on this date.
  3. Becomes non-forfeitable on the third anniversary of the date of grant, provided there have been at least four consecutive quarters of profitability over the three year period.
  4. Becomes non-forfeitable over a five year vesting period beginning on the first anniversary of the date of grant.
  5. If BOFL conducts any offering for the sale of newly issued securities the Series B Preferred Stock is convertible into the newly offered securities at an exchange rate of $25,000 worth of new securities for each share of Series B Preferred Stock.