Home > Insider Trading > Filing (0000939057-11-000147)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
818677	Security Federal Corp	SFDL	Savings Institution, Federally Chartered (6035)	570858504

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1220992	Jr M Francis Thomas	P O Box 810 Aiken SC 29802	President-The Bank	Yes	Yes	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	2011-05-25	2,000	$8.00	11,301	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	8% Convertible Debentures	Acquisiton	2009-12-01	2,000	$40,000.00	2,000	$20.00
Common Stock	8% Convertible Senior Debentures	Acquisiton	2009-12-01	1,500	$30,000.00	1,500	$20.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,000		2029-12-01	No	4	P	Direct
1,500		2029-12-01	No	4	P	Indirect

Footnotes

Includes 6,180 shares held jointly with spouse.
On December 1, 2009, the Reporting Person participated in the offering of Issuer's 8% Convertible Senior Debentures. The transaction was disclosed by the Issuer on a Current Report filed on Form 8-K with the SEC on December 4, 2009.
The debentures are convertible into the Issuer's common stock at any time prior to the December 1, 2029 maturity date, unless previously redeemed pursuant to the terms of an indenture.
Represents debentures purchased on December 1, 2009 by the Reporting Person's spouse in the offering of Issuer's 8% Convertible Senior Debentures.