FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WYCOFF W KIRK
2. Issuer Name and Ticker or Trading Symbol

Porter Bancorp, Inc. [ PBIB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O PORTER BANCORP, INC., 2500 EASTPOINT PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

9/21/2010
(Street)

LOUISVILLE, KY 40223
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/21/2010     C    227000   A $11.50   1069703   I   by Partnership   (1)
Common Stock   9/21/2010     C    48038   A $11.50   1117741   I   by Partnership   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B   $11.50   9/21/2010     C         227000    9/21/2010     (3) Porter Bancorp Inc. Common Stock   227000   $11.50   0   I   by Partnership   (1)
Series C   $11.50   9/21/2010     C         48038    9/21/2010     (4) Porter Bancorp, Inc. Common Stock   48038   $11.50   317042   I   by Partnership   (5)

Explanation of Responses:
( 1)  193,563 shares of the securities are held by Patriot Financial Partners, L.P. (the "Patriot Fund"), and 33,437 shares of the securities are held by Patriot Financial Partners Parallel, L.P. (the "Patriot Parallel Fund," together with the Patriot Fund, the "Funds"). Patriot Financial Partners, GP, L.P. ("Patriot GP") is a general partner of each of the Funds, and Patriot Financial Partners, GP, LLC ("Patriot LLC") is a general partner of Patriot GP. In addition, W. Kirk Wycoff is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
( 2)  40,962 shares of the securities are held by the Patriot Fund, and 7,076 shares of the securities are held by the Patriot Parallel Fund. Patriot GP is a general partner of each of the Funds, and Patriot LLC is a general partner of Patriot GP. In addition, W. Kirk Wycoff is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
( 3)  The Series B Preferred Stock automatically converted into Common Stock upon the third business day following receipt of shareholder approval at the Company's Special Meeting of the shareholders held on September 16, 2010, in accordance with the terms of the Series B Preferred Stock.
( 4)  A portion of the Series C Preferred Stock automatically converted into Common Stock upon (i) the third business day following receipt of shareholder approval at the Company's Special Meeting of the shareholders held on September 16, 2010, in accordance with the terms of the Series C Preferred Stock, and (ii) the increase in the number of shares of Common Stock that could be held by Patriot as a result of the issuance of additional shares of common stock to another purchaser.
( 5)  270,341 shares of the securities are held by the Patriot Fund, and 46,701 shares of the securities are held by the Patriot Parallel Fund. Patriot GP is a general partner of each of the Funds, and Patriot LLC is a general partner of Patriot GP. In addition, W. Kirk Wycoff is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and W. Kirk Wycoff. Mr. Wycoff disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WYCOFF W KIRK
C/O PORTER BANCORP, INC.
2500 EASTPOINT PARKWAY
LOUISVILLE, KY 40223
X



Signatures
/s/ C. Bradford Harris, Attorney in Fact for W. Kirk Wycoff 10/20/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
Porter Bancorp, Inc. (delisted) (NASDAQ:PBIB)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Porter Bancorp, Inc. (delisted) Charts.
Porter Bancorp, Inc. (delisted) (NASDAQ:PBIB)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Porter Bancorp, Inc. (delisted) Charts.