Filing Details
- Accession Number:
- 0001654954-21-003799
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-02 08:33:21
- Reporting Period:
- 2021-03-31
- Accepted Time:
- 2021-04-02 08:33:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1288855 | Optimumbank Holdings Inc. | OPHC | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1261725 | Ambrose Fai Heng Chan | 7 Temasek Boulevard #29-01B Suntec Tower One Singapore U0 038987 | No | 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 | Acquisiton | 2021-03-31 | 282,377 | $0.00 | 375,357 | No | 4 | P | Indirect | see footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | see footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Capital securities | Acquisiton | 2021-03-31 | 847 | $1,416.67 | 282,377 | $0.00 |
Common Stock | Capital securities | Disposition | 2021-03-31 | 847 | $0.00 | 282,377 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
847 | 2021-03-31 | 2034-10-07 | No | 4 | P | Indirect |
0 | 2021-03-31 | 2034-10-07 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 20,400 | Direct | |
Common Stock | 243 | Indirect | see footnote |
Footnotes
- American Pacific Bancorp., Inc. purchased 282,377 shares of the common stock of OptimumBank Holdings, Inc. in a two part transaction. First, American Pacific Bancorp., Inc. purchased 847.13 Capital Securities issued by OptimumBank Holdings Capital Trust I, a statutory trust (the "Trust Preferred Securities") for $1,200,102.25. OptimumBank Holdings, Inc. is the sponsor of the OptimumBank Holdings Capital Trust I. American Pacific Bancorp., Inc. then exchanged these 847.13 Trust Preferred Securities for 282,377 shares of the common stock of OptimumBank Holdings, Inc. Accordingly, the consideration paid for these 282,377 shares of the common stock of OptimumBank Holdings, Inc. was equal to $4.25 per share.
- Held by American Pacific Bancorp., Inc. The Reporting Person is the Chairman and Chief Executive Officer, and through an entity, is the majority shareholder of Alset EHome International Inc., which is the majority shareholder of American Pacific Bancorp., Inc. The Reporting Person has dispositive control over these securities.
- Held by Heng Fai Holdings Limited, an entity of which the Reporting Person is the sole owner. The Reporting Person has dispositive control over these securities.