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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1370914	Florida Bank Group Inc.	NONE	State Commercial Banks (6022)	208732828

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1475417	C. Paul Johan	201 N. Franklin Street Suite 100 Tampa FL 33602		Yes	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
Series C Convertible Preferred Stock	Acquisiton	2011-06-30	83	$1,000.00	0	No	4	P	Indirect	By Ballast Point Ventures, L.P.
Series C Convertible Preferred Stock	Acquisiton	2011-06-30	4	$1,000.00	0	No	4	P	Indirect	By Ballast Point Ventures, EF, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Ballast Point Ventures, L.P.
No	4	P	Indirect	By Ballast Point Ventures, EF, L.P.

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrant (right to buy)	Acquisiton	2011-06-30	103,750	$0.01	103,750	$0.01
Common Stock	Common Stock Warrant (right to buy)	Acquisiton	2011-06-30	5,000	$0.01	5,000	$0.01

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
103,750	2011-06-30	2012-03-31	No	4	J	Indirect
5,000	2011-06-30	2012-03-31	No	4	J	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	236,890	Indirect	By Ballast Point Ventures, L.P.
Common Stock	12,667	Indirect	By Ballast Point Ventures, EF, L.P.

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Options	$16.50	2008-12-31	2016-12-15	7,500	7,500	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-12-15	7,500	7,500	Direct

Footnotes

The shares of Preferred Stock are convertible into common stock at the holder's option after December 31, 2011 and are mandatorily convertible in certain events. The stock is convertible at a per share price based upon the Company's tangible common stock book value per share as of the end of the calendar quarter prior to conversion, as calculated in accordance with the Company's Articles of Incorporation, as amended.
The shares of Preferred Stock are convertible into common stock at the holder's option after December 31, 2011 and are mandatorily convertible in certain events. The stock is convertible at a per share price based upon the Company's tangible common stock book value per share as of the end of the calendar quarter prior to conversion, as calculated in accordance with the Company's Articles of Incorporation, as amended.
One non-transferrable stock purchase warrant for each share of Series C Convertible Preferred Stock purchased, each such warrant exercisable for 1,250 shares of common stock at $.01 per share.
One non-transferrable stock purchase warrant for each share of Series C Convertible Preferred Stock purchased, each such warrant exercisable for 1,250 shares of common stock at $.01 per share.