0001046203-20-000005.txt : 20200302
0001046203-20-000005.hdr.sgml : 20200302
20200302154150
ACCESSION NUMBER: 0001046203-20-000005
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200228
FILED AS OF DATE: 20200302
DATE AS OF CHANGE: 20200302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BURKE SHAUN A
CENTRAL INDEX KEY: 0001283577
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23325
FILM NUMBER: 20676573
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GUARANTY FEDERAL BANCSHARES INC
CENTRAL INDEX KEY: 0001046203
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 431792717
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1341 WEST BATTLEFIELD
CITY: SPRINGFIELD
STATE: MO
ZIP: 65807
BUSINESS PHONE: 4175204333
MAIL ADDRESS:
STREET 1: 1341 WEST BATTLEFIELD
CITY: SPRINGFIELD
STATE: MO
ZIP: 65807
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2020-02-28
0
0001046203
GUARANTY FEDERAL BANCSHARES INC
GFED
0001283577
BURKE SHAUN A
855 E GRAFTON
NIXA
MO
65714
1
0
0
0
COMMON STOCK
2020-02-28
4
M
0
11944
23.5
A
11944
D
COMMON STOCK
10000
D
COMMON STOCK
3100
I
Children
COMMON STOCK
32499
I
Co-TTEE
COMMON STOCK
9453
I
IRA
Performance Based Restricted Stock Units
2020-02-28
4
M
0
18280
D
2020-02-28
COMMON STOCK
18280
0
D
Each Performance-Based Restricted Stock Unit (RSU) represents the right to receive, following vesting, 100% of one share of Guaranty Federal Bancshares, Inc. (GFED) common stock. The resulting number of shares of GFED common stock acquired upon vesting of the RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning on the RSU grant date, 3/29/2017, and ending on 12/31/2019.
Unless earlier forfeited, under the terms of the RSU agreement, each RSU vests and converts in to 100% of one share of GFED common stock on the vesting date of 12/31/2019.
The conversion rate of the Performance-Based RSUs was 65.33%. Upon conversion of the RSUs, the Reporting Person received 11,944 shares of common stock, as reported above in Table I.
Shaun A. Burke
2020-02-28