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Filing Details

Accession Number:: 0001181431-14-038309
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-12-08 17:06:59
Reporting Period:: 2014-12-04

Filing Date:: 2014-12-08
Accepted Time:: 2014-12-08 17:06:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1358356	Porter Bancorp Inc.	PBIB	National Commercial Banks (6021)	611142247

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
949197	Kirk W Wycoff	C/O Porter Bancorp, Inc. 2500 Eastpoint Parkway Louisville KY 40223		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Fixed Rate Cumulative Perpetual Prefered Stock, Series A	Acquisiton	2014-12-04	19,688	$100.00	19,688	No	5	P	Indirect	By Partnership

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	P	Indirect	By Partnership

Footnotes

Purchased from United States Treasury by the Funds described in Note 2. The Funds have agreed to an equity swap with the Company in which the Funds will exchange (i) the 19,688 Series A Shares; (ii) all shares of Non-Voting Cumulative Mandatorily Convertible Perpetual Preferred Shares, Series C; and (iii) warrants to purchase 717,393 shares of Non-Voting Common Stock in exchange for the following newly issued Preferred Shares: 6,250 shares of Non-Voting Mandatorily Convertible Perpetual Preferred Stock, Series B; 64,580 shares of Non-Voting Mandatorily Convertible Perpetual Preferred Stock, Series D; and 3,486 shares of Non-Voting, Noncumulative, Non-Convertible Perpetual Preferred Stock, Series E. See Form 8-K filed November 24, 2014.
16,788 of the Series A Shares are held by Patriot Financial Partners, L.P. (the "Patriot Fund"), and 2,900 of the Series A Shares are held by Patriot Financial Partners Parallel, L.P. (the "Patriot Parallel Fund," together with the Patriot Fund, the "Funds"). Patriot Financial Partners, GP, L.P.("Patriot GP") is a general partner of each of the Funds, and Patriot Financial Partners, GP, LLC ("Patriot LLC') is a general partner of Patriot GP. In addition, W. Kirk Wycoff is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.