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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
RANZINI STEPHEN LANGE 959 MAIDEN LANE ANN ARBOR, MI 48105 |
X | X | President & CEO |
Stephan Lange Ranzini | 08/27/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Allocation to Reporting Person's account under the Issuer's employee stock ownnership Plan. |
(2) | Reporting person is co-trustee of the Trust of which he is primary beneficiary with respect to 1/5 of the assets held by the Trust and this report shall not be deemed an admission that Reporting Person is the benefial owner thereof for purposes of Section 16, or for any other reason. |
(3) | Reporting person holds a 31.158% limited partnership interest in Orpheous Capital, LP, is trustee of the trust that his mother is the primary beneficiary of that holds an additional 15.038%, and is co-trustee of the Trust which is the General Partner of Orpheous Capital, LP. This report shall not be deemed an admission that Reporting person is the beneficial owner of the shares held by any of the trusts, the Trust or Orpheous Capital, LP for purposes of Section 16, or for any other reason. |