Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

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Big Banc Split Corp

Bullboard Posts

Comment by lefmike1on Jun 18, 2013 8:05pm

119 Views

Post# 21539706

RE: RE: Insider

Answered my own question Robert Cross I bet. I will also bt you he's leaving the Board and is taking whatever he can with him...

06/11/13	Cross, Robert Melvin Douglas, Director of Issuer	-250,000	Acquisition or disposition in the public market at $2.78 - $2.78 per share.	($695,000)
05/14/13	Cross, Robert Melvin Douglas, Director of Issuer	-73,800	Acquisition or disposition in the public market at $2.82 - $2.82 per share.	($208,433)
05/14/13	Cross, Robert Melvin Douglas, Director of Issuer	83,333	Exercise of options at $2.37 - $2.37 per share.	$197,499
11/14/12	Cross, Robert Melvin Douglas, Director of Issuer	60,000	Exercise of options at $1.35 - $1.35 per share.	$81,000
01/13/12	Cross, Robert Melvin Douglas, Director of Issuer	83,333	Exercise of options at $1.68 - $1.68 per share.	$139,999
09/12/11	Cross, Robert Melvin Douglas, Director of Issuer	50,000	Acquisition or disposition in the public market at $4.17 - $4.17 per share.	$208,565
05/31/11	Cross, Robert Melvin Douglas, Director of Issuer	-166,667	Acquisition or disposition in the public market at $8.00 - $8.00 per share.	($1,333,336)
05/31/11	Cross, Robert Melvin Douglas, Director of Issuer	-333,333	Acquisition or disposition in the public market at $8.00 - $8.00 per share.	($2,666,664)
05/17/11	Cross, Robert Melvin Douglas, Director of Issuer	333,333	Exercise of options at $3.03 - $3.03 per share.	$1,009,999
04/14/11	Cross, Robert Melvin Douglas, Director of Issuer	-500,000	Acquisition or disposition in the public market at $8.64 - $8.64 per share.	($4,320,000)
01/13/11	Cross, Robert Melvin Douglas, Director of Issuer	-1,000,000	Acquisition or disposition in the public market at $8.65 - $8.65 per share.	($8,650,000)
05/28/10	Cross, Robert Melvin Douglas, Director of Issuer	-170,900	Acquisition or disposition in the public market at $7.70 - $7.70 per share.	($1,315,930)
05/27/10	Cross, Robert Melvin Douglas, Director of Issuer	-1,000,000	Acquisition or disposition in the public market at $7.70 - $7.70 per share.	($7,700,000)
05/20/10	Cross, Robert Melvin Douglas, Director of Issuer	94,867	Exercise of options at $3.03 - $3.03 per share.	$287,447
05/20/10	Cross, Robert Melvin Douglas, Director of Issuer	-94,867	Acquisition or disposition in the public market at $6.74 - $6.74 per share.	($639,394)