Darrell Cain - 12 Jul 2019 Form 4 Insider Report for Tectonic Financial, Inc. (TECTP)

Role
Co-Chairman, Director
Signature
/s/ By Ken Bramlage as Attorney-in-Fact for Darrell Cain
Issuer symbol
TECTP
Transactions as of
12 Jul 2019
Transactions value $
-$8,023,260
Form type
4
Filing time
17 May 2022, 18:48:23 UTC
Next filing
18 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECTP Series A Non-Cumulative Perpetual Preferred Stock Other -$8.03M -80.3K -100% $100.00* 0 12 Jul 2019 (2) F1, F2
transaction TECTP Series B Non-Cumulative Perpetual Preferred Stock Purchase $10.5K +1K $10.54 1K 11 May 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The issuer repurchased 80,338 shares of its Series A preferred stock, representing all of the outstanding shares of the Series A preferred stock of the issuer, at a price equal to the liquidation preference, plus any accrued but unpaid dividends.
F2 These shares were held by Dental Community Financial Holdings, Ltd. ("DCFH"). The Reporting Person is the President and sole shareholder of the general partner of DCFH, but does not hold a beneficial interest in DCFH, and is not entitled to compensation from DCFH or its general partner.

Remarks:

Note: The transactions of the Reporting Person are being reported late due to an administrative error.