Filing Details

Accession Number:
0001516736-11-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-02 16:51:30
Reporting Period:
2011-07-01
Filing Date:
2011-09-02
Accepted Time:
2011-09-02 16:51:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1109546 Pacific Mercantile Bancorp PMBC National Commercial Banks (6021) 330898238
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1431326 F. Matthew Schafnitz 949 South Coast Drive
Third Floor
Costa Mesa CA 92626
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
Common Acquisiton 2011-07-01 13,070 $7.65 25,945 No 4 C Direct
Common Acquisiton 2011-07-01 3,221 $4.95 29,166 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Acquisiton 2011-07-01 100 $100.00 13,070 $7.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-12-21 No 4 C Direct
Footnotes
  1. These Series A shares were issued to the undersigned by the issuer, in a private transaction, in consideration for the waiver by the undersigned of the right to receive payment from the issuer of accrued but unpaid cash dividends on the shares of Series A Convertible Preferred Stock converted by the undersigned into common stock of the issuer on July 1, 2011.
  2. If not optionally converted sooner, the Seriesa A shares were to be automatically converted into common stock on the later of (a) November 22, 2011 or (b) the date on which all accrued but unpaid dividends on the Series A shares had been paid in cash.