Filing Details

Accession Number:
0001012975-14-000186
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-17 14:10:13
Reporting Period:
2013-10-21
Filing Date:
2014-03-17
Accepted Time:
2014-03-17 13:10:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1071264 Jacksonville Bancorp Inc JAXB State Commercial Banks (6022) 593472981
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1581356 L.p. Fund Opportunities Bank Regional Endeavour C/O Endeavour Capital Advisors Inc.
410 Greenwich Avenue
Greenwich CT 06830
No 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 Acquisiton 2013-10-21 161,323 $0.51 6,777,235 No 4 P Direct
Common Stock Acquisiton 2013-10-22 236,834 $0.51 7,014,069 No 4 P Direct
Common Stock Acquisiton 2013-10-24 4,489 $10.25 355,192 No 4 P Direct
Common Stock Disposition 2014-02-14 46,000 $10.91 309,192 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 S Direct
Footnotes
  1. The sale by Endeavour Regional Bank Opportunities Fund L.P. (the "Fund") of 24,397 shares of common stock (the "Common Stock") of Jacksonville Bancorp, Inc. (the "Issuer") reported herein at a price of $10.91 per share on February 14, 2014, was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with the Fund's purchases of the same number of shares of Common Stock at the purchase prices reported herein on October 21, 22 and 24, 2013. The Fund has made arrangements with the Issuer to disgorge to the Issuer $17,098, representing the full amount of the profit realized in connection with such transactions.
  2. As disclosed on a Form 8-K filed by the Issuer on October 23, 2013, effective as of 12:01 a.m. Eastern Time on October 24, 2013, the Issuer effected a 1 for 20 reverse split of the outstanding shares of its Common Stock (the "Reserve Split"). Immediately following the Reverse Split, the number of shares of Common Stock benefically owned by the Fund was 350,703.