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BROADWAY FINANCIAL CORP \DE\ — Director's Dealing 2012
Jul 5, 2012
34433_dirs_2012-07-05_1a7707be-c397-4e2c-8fad-268b586fc3a2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK: 0001001171
Period of Report: 2012-07-02
Reporting Person: HUDSON PAUL C (Director, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-07-02 | Common Stock Purcahse | P | 19231 | $1.30 | Acquired | 19231 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6453 | Direct |
| Common Stock | 6453 | Direct |
| Common Stock | 6192 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $6.6800 | 2012-07-25 | Common Stock (29718) | 29718 | Direct |
| Employee Stock Ownership Plan | $ | Common Stock (16994) | 16994 | Direct |
Footnotes
F1: These shares are held in a Citigroup IRA under Paul Hudson.
F2: These shares are held in a Smith Barney IRA under Paul Hudson.
F3: These shares are held directly by Paul Hudson.
F4: These shares are held in the Employee Stock Ownership Plan (ESOP). When employee is no longer employees, then the shares become exercisable.
F5: On July 25, 2002 the Board of Directors granted 29,718 shares of Stock Options under the Long Term Incentive Plan. The stock price on that day was $6.6800 per share. The shares will vest in five (5) equal annual installments each year beginning the following year, on July 25. The options are fully exercisable on July 25, 2007 but if not exercised, expire on July 25, 2012 or upon termination of employment.
F6: On July 2, 2012, an investment of Capital was made in exchange for common stock.