Filing Details

Accession Number:
0001366633-11-000017
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2011-08-19 18:50:25
Reporting Period:
2011-05-19
Filing Date:
2011-08-19
Accepted Time:
2011-08-19 18:50:25
Original Submission Date:
2011-06-24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1366367 Yadkin Valley Financial Corp YAVY State Commercial Banks (6022) 204495993
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1486161 Jr. Spencer F Cosby 500 Chesapeake Pl.
Greenville NC 27858
Evp Of Yadkin Valley Financial No Yes No Yes
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 Disposition 2011-05-19 200 $2.73 77,232 No 4 S Direct
Common Stock Disposition 2011-05-19 100 $2.72 77,132 No 4 S Direct
Common Stock Disposition 2011-05-19 100 $2.71 77,032 No 4 S Direct
Common Stock Disposition 2011-05-19 9,600 $2.70 67,432 No 4 S Direct
Common Stock Disposition 2011-06-10 200 $2.15 67,232 No 4 S Direct
Common Stock Disposition 2011-06-13 1,311 $2.10 65,921 No 4 S Direct
Common Stock Disposition 2011-06-13 1,900 $2.08 64,021 No 4 S Direct
Common Stock Disposition 2011-06-13 300 $2.08 63,721 No 4 S Direct
Common Stock Disposition 2011-06-14 1,289 $2.05 62,432 No 4 S Direct
Common Stock Disposition 2011-06-14 500 $2.06 61,932 No 4 S Direct
Common Stock Disposition 2011-06-14 5,000 $2.01 56,932 No 4 S Direct
Common Stock Disposition 2011-06-14 2,500 $2.00 54,432 No 4 S Direct
Common Stock Disposition 2011-06-15 3,000 $2.01 51,432 No 4 S Direct
Common Stock Disposition 2011-06-15 500 $2.02 50,932 No 4 S Direct
Common Stock Disposition 2011-06-15 1,071 $2.00 49,861 No 4 S Direct
Common Stock Disposition 2011-06-16 2,429 $2.00 47,432 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $14.00 2005-10-01 2013-10-01 2,500 2,500 Direct
Common Stock Stock Options $19.07 2008-01-18 2017-01-18 5,000 4,000 Direct
Common Stock Stock Options $13.91 2009-03-14 2018-03-14 4,000 2,400 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-10-01 2,500 2,500 Direct
2017-01-18 5,000 4,000 Direct
2018-03-14 4,000 2,400 Direct
Footnotes
  1. Two Form 4 filings were done on 6/24/2011 to report the sale of a total of 30,000 YAVY shares. Both of these 6/24/2011 filings reflected that the sale of shares were acquisitions. This Form 4/A is being filed to correct both of the filings originally filed on 6/24/2011 to accurately reflect the appropriate code ("D" for Disposed).
  2. Amount of securities beneficially owned after the above transactions reflects the direct ownership of 10,000 shares of Restricted Stock (unvested). The issuer is a participant in teh TARP Capital Purchase Program. As a result, the Restricted Stock granted to Mr. Cosby shall vest pursuant to the following schedule: 3,333.33 shares on 4/16/2011; 3,333.33 shares on 4/16/2012, 3,333.34 shares on 4/16/2013 provided however that, no Restricted Stock shall be vested prior to the earliest date permitted by Section 111(b)(3)(D) of the Emergency Economic Stabilization Act of 2008 and the regulations adopted pursuant thereto.
  3. 80% vested
  4. 60% vested