Kevin J. Kooman - Jun 18, 2021 Form 4 Insider Report for LIMESTONE BANCORP, INC. (LMST)

Role
Director
Signature
/s/ Phil W. Barnhouse, Attorney in Fact for Kevin J. Kooman
Stock symbol
LMST
Transactions as of
Jun 18, 2021
Transactions value $
$325,000
Form type
4
Date filed
6/21/2021, 04:25 PM
Previous filing
Jun 14, 2021
Next filing
Jun 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMST Common Stock Purchase $325K +20K +6.5% $16.25 328K Jun 18, 2021 By Limited Partnership F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LMST Non-Voting Common Stock 1M Jun 18, 2021 Common Stock 1M By Limited Partnership F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents transactions by Patriot Financial Partners III, L.P
F2 Non-voting common shares contain an automatic conversion feature as follows: Each issued and outstanding Non-Voting Common Share shall automatically be converted into one (1) Common Share (the "Conversion Rate") upon the transfer of such Non-Voting Common Share (or any security convertible to or exercisable for such Non-Voting Common Share) in (a) a widespread public distribution, including pursuant to a registration statement filed with and declared effective by the SEC or pursuant to Rule 144 under the Securities Act, (b) a transfer in which no transferee (or group of associated transferees) would receive more than 2% of any class of Voting Securities or (c) a transfer to a transferee that controls more than 50% of the Voting Securities without any transfer from the transferor. The foregoing automatic conversion may occur as to some or all of the Non-Voting Common Shares held by any holder.
F3 Shares owned by Patriot Financial Partners III, L.P., Patriot Financial Manager, L.P., and/or Patriot Financial Advisors, L.P.. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.