1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Series C Convertible Preferred Stock
|
12/28/2012 |
Â
(2)
|
Common Stock
|
1,858
(3)
|
$
18
|
D
|
Â
|
Series C Convertible Preferred Stock
|
03/18/2015 |
Â
(2)
|
Common Stock
|
78
(4)
|
$
18
|
D
|
Â
|
Stock Options
|
Â
(5)
|
07/17/2023 |
Common Stock
|
5,000
|
$
15.86
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Includes shares acquired in Employee Stock Ownership Plan (ESOP) distributions. |
(2) |
The Series C Convertible Preferred Stock has no expiration date. |
(3) |
Received in exchange for shares of PSB Financial Corporation common stock in connection with the merger of PSB into MidSouth Bancorp, Inc. effective as of December 28, 2012 pursuant to the agreement and plan of merger, dated as of September 26, 2012. |
(4) |
Received as part of a required distribution from the terminated People's State Bank Profit Sharing 401(K) Plan on March 18, 2015. The plan was terminated as part of the merger of PSB into MidSouth Bancorp, Inc. effective as of December 28, 2012. |
(5) |
Up to 20% of the total during the second year; up to 40% during the third year; up to 60% during the fourth year; up to 80% during the fifth year and during the sixth and each subsequent year until ten years from date of grant up to 100% of the total number of shares. |