Filing Details
- Accession Number:
- 0001140361-11-051465
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-02 17:08:07
- Reporting Period:
- 2011-10-28
- Filing Date:
- 2011-11-02
- Accepted Time:
- 2011-11-02 17:08:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1404296 | Atlantic Coast Financial Corp | ACFC | Savings Institution, Federally Chartered (6035) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1303900 | Jr E Charles Martin | 12724 Gran Bay Parkway West Jacksonville FL 32258 | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2011-10-28 | 4,900 | $1.37 | 44 | 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 |
|---|---|---|---|
| Common Stock | 151 | Indirect | By IRA |
| Common Stock | 196 | Indirect | By Spouse |
| Common Stock | 5,000 | Indirect | By Director Retirement Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock | $0.00 | 5,912 | 5,912 | Direct | ||
| Common Stock | Stock Options | $70.05 | 2006-07-28 | 2015-07-28 | 2,802 | 2,802 | Direct |
| Common Stock | Stock Options | $69.90 | 2006-10-11 | 2015-10-11 | 1,401 | 1,401 | Direct |
| Common Stock | Stock Options | $14.95 | 2011-06-28 | 2020-06-28 | 1,176 | 1,176 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 5,912 | 5,912 | Direct | |
| 2015-07-28 | 2,802 | 2,802 | Direct |
| 2015-10-11 | 1,401 | 1,401 | Direct |
| 2020-06-28 | 1,176 | 1,176 | Direct |
Footnotes
- Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director.
- Stock options are fully vested.
- Stock options that vest at a rate of 20% per year commencing on June 28, 2011.
- Shares sold as the result of a margin loan call by the reporting person's broker.
Billionaire Hedge Funds
