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Filing Details

Accession Number:
0001104659-10-041719
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-04 13:00:00
Reporting Period:
2010-06-18
Filing Date:
2010-08-04
Accepted Time:
2010-08-04 11:10:49
SEC Url:
Form 4 Filing
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
1398204 Jr William Bagwell 807 Dorsey Street
Gainesville GA 30501
Yes No Yes 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, No Par Value Acquisiton 2010-06-18 49,573 $0.00 123,373 No 4 P Indirect By Homestead Investments, LLC
Series B Preferred Stock Disposition 2010-06-18 3,000 $0.00 0 No 4 J Indirect By Homestead Investments, LLC
Common Stock, No Par Value Acquisiton 2010-06-25 373,134 $0.67 496,507 No 4 P Indirect By Homestead Investments, LLC
Common Stock, No Par Value Acquisiton 2010-06-25 37,313 $0.67 40,507 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Homestead Investments, LLC
No 4 J Indirect By Homestead Investments, LLC
No 4 P Indirect By Homestead Investments, LLC
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant Acquisiton 2010-06-25 37,313 $0.67 37,313 $0.67
Common Stock Warrant Acquisiton 2010-06-25 373,134 $0.67 373,134 $0.67
Common Stock Warrant Acquisiton 2010-06-18 6,716 $0.67 6,716 $0.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,313 2010-06-25 2020-06-25 No 4 P Direct
373,134 2010-06-25 2020-06-25 No 4 P Indirect
6,716 2007-12-31 No 4 J Indirect
Footnotes
  1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
  2. Homestead Investments, LLC exchanged 3,000 shares of Series B Preferred Stock on June 18, 2010 for 49,573 shares of common stock, which included the payment of accrued dividends.
  3. This warrant was previously reported as covering 3,000 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.