Home > Insider Trading > Filing (0001104659-10-041722)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1124676	First Century Bancorp.	N/A/	National Commercial Banks (6021)	582554464

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1410133	Iii Kramer Richard Whitehead	807 Dorsey Street Gainesville GA 30501		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, No Par Value	Acquisiton	2010-06-18	41,311	$0.00	78,656	No	4	P	Direct
Series B Preferred Stock	Disposition	2010-06-18	2,500	$0.00	0	No	4	J	Direct
Common Stock, No Par Value	Acquisiton	2010-07-12	37,400	$0.67	116,056	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	J	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant	Acquisiton	2010-06-18	5,597	$0.67	5,597	$0.67
Common Stock	Warrant	Acquisiton	2010-06-18	149,250	$0.67	149,250	$0.67
Common Stock	Warrant	Acquisiton	2010-07-12	37,400	$0.67	37,400	$0.67

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,597	2007-12-31		No	4	J	Direct
149,250	2008-06-30		No	4	J	Direct
37,400	2010-07-12	2020-07-12	No	4	P	Direct

Footnotes

The reporting person exchanged 2,500 shares of Series B Preferred Stock on June 18, 2010 for 41,311 shares of common stock, which included the payment of accrued dividends.
This warrant was previously reported as covering 2,500 shares of common stock at an exercise price of $1.50, but was automatically adjusted pursuant to the terms of the warrant agreement based on the issuance of common stock at a price per share less than the exercise price. This warrant does not have an expiration date.
This warrant was previously reported as covering 66,665 shares of common stock at an exercise price of $1.50, but was automatically adjusted pursuant to the terms of the warrant agreement based on the issuance of common stock at a price per share less than the exercise price. This warrant does not have an expiration date.