-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M4fMztiv1i8ZSRR8QOcjTsuJFpyJ3qlAFwS5r61bFSvcBceUfF9Ab6EabGhhQSLO X67nDu/Zb92EREq0bitCVw== 0001262014-05-000049.txt : 20050506 0001262014-05-000049.hdr.sgml : 20050506 20050506150651 ACCESSION NUMBER: 0001262014-05-000049 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20011214 FILED AS OF DATE: 20050506 DATE AS OF CHANGE: 20050506 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL MERCANTILE BANCORP CENTRAL INDEX KEY: 0000714801 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 953819685 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1840 CENTURY PARK EAST CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102772265 MAIL ADDRESS: STREET 1: 1840 CENTURY PARK EAST CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: POHLAD JAMES O CENTRAL INDEX KEY: 0001060442 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13015 FILM NUMBER: 05807570 MAIL ADDRESS: STREET 1: 60 S SIXTH ST STREET 2: #8800 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2001-12-14 0 0000714801 NATIONAL MERCANTILE BANCORP MBLA 0001060442 POHLAD JAMES O 60 S SIXTH ST SUITE 3880 MINNEAPOLIS MN 55402 0 0 1 0 Common Stock 312449 D Series B Convertible Perpetual Preferred Stock 2001-12-14 4 A 0 334 1000 A 2005-06-30 Common Stock 61739 334 D Repurchase Right & Obligation 2003-07-25 Common Stock 141 141 D Series A Noncumulative Convertible Perpetual Preferred Stock Common Stock 336266 168333 D The Series B Preferred Stock is convertible into such number of shares of common stock of the Company as is equal to the liquidation amount divided by the conversion price. Both the liquidation amount and the conversion price are subject to adjustment upon the occurrence of certain events. Based upon the above formula, each share of Series B Preferred Stock is convertible into 184.85 shares of the Company's common stock as of June 30, 2005, the first date the Series B Preferred Stock is convertible into shares of the Company's common stock. Date of purchase of Series B Preferred Stock by the reporting person. None. James O. Pohlad has the obligation to repurchase and right to repurchase 141 shares of the Company's common stock from W. Douglas Hile for aggregate consideration of $10 pursuant to that certain Director's Qualifying Shares Agreement dated July 25, 2003. The repurchase obligation is triggered upon (a) the voluntary or involuntary termination of Mr. Hile as a member of the Board of Directors of the Company; (b) notice of desire to sell or repurchase, respectively; (c) determination of the provisions of the Director's Qualifying Shares Agreement as illegal, unenforceable or in contravention of banking law; or (d) bankruptcy or insolvency of Mr. Hile. Under the Director's Qualifying Shares Agreement, the aggregate consideration to be paid for the repurchase of the 141 shares is $10. Each share of Series A Preferred Stock is convertible into 2 share of common stock. Immediately. /s/ James O. Pohlad 2005-05-06 -----END PRIVACY-ENHANCED MESSAGE-----