4/A 1 g76656che4za.txt FLORIDA BANKS/ CHARLES HUGHES, JR ------ FORM 4 ------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check box if no longer subject to Filed pursuant to Section 16(a) of the Securities Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the or Form 5 obligations Public Utility Holding Company Act of 1935 may continue. See or Section 30(f) of the Investment Company Instruction 1(b). Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ | 1. Name and Address of Reporting Person(1) | 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person to| | Hughes, Jr. Charles E. | Florida Banks, Inc. ("FLBK") | Issuer (Check all applicable) | |--------------------------------------------|----------------------------------------------| | | (Last) (First) (Middle) | 3. IRS Identification | 4. Statement For | [X] Director [ ] 10% Owner | | | Number of Reporting | Month/Year | [X] Officer (give [ ] Other (Specify| | | Person, if an Entity | 04/02 | title below) | | | (Voluntary) | | below) | | 3690 Cathedral Oaks Place | | |President and Chief Executive Officer | |--------------------------------------------| |--------------------|--------------------------------------| | (Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing | | | | Date of Original| (Check applicable line) | | | | (Month/Year) | [X] Form Filed by One | | Jacksonville FL 32216 | | 5/10/02 | Reporting Person | |--------------------------------------------|----------------------------------------------| [ ] Form Filed by More Than | | (City) (State) (Zip) | | One Reporting Person | | | | | |----------------------------------------------------------------------------------------------------------------------------------| | TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED | |----------------------------------------------------------------------------------------------------------------------------------| |1. Title of Security |2. Transaction |3. Transac- |4. Securities Acquired (A) |5. Amount of Se- |6. Owner- |7. Nature | | (Instr. 3) | Date | tion Code | or Disposed of (D) | curities Benefi-| ship | of In- | | | (Month/Day/ | (Instr. 8) | | cially Owned at | Form: | direct | | | Year) | | | End of Month | Direct | Benefi-| | | | | (Instr. 3, 4 and 5) | (Instr. 3 and 4)| (D) or | cial | | | |--------------|----------------------------| | Indirect | Owner- | | | | Code | V | Amount | (A) or| Price | | (I) | ship | | | | | | | (D) | | | (Instr. 4)| (Instr.| | | | | | | | | | | 4) | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | Common Stock, | | | | | | | | | | | $.01 par value | | | | | | | | | | | per share | 4/16/02 | C | | 10,000 | A |$6.80 | 10,000 | D | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | Common Stock, | | | | | | | | | | | $.01 par value | | | | | | | | | | | per share | 4/26/02 | P | | 1,000 | A |$8.4566| 1,000 | D | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | Common Stock, | | | | | | | | | | | $.01 par value | | | | | | | | | | | per share | -- | -- | | -- | -- | -- | 122,073(1)(2) | D | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | | | | | | | | | | | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | |---------------------|-------------------|-------|------|------------|-------|-------|-------------------|-------------|----------| | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ |1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of | 6. Date Exer- |7. Title and Amount |8. Price | | Security | sion or | action | action | Derivative | cisable and | of Underlying | of | | (Instr. 3) | Exercise | Date | Code | Securities | Expiration | Securities | Deriv- | | | Price of | (Month/| (Instr.| Acquired (A) | Date | (Instr. 3 and 4) | ative | | | Deriv- | Day/ | 8) | or Disposed | (Month/Day/ | | Secur- | | | ative | Year) | | or (D) | Year) | | ity | | | Security | | | (Instr. 3, | | | (Instr. 5)| | | | | | 4, and 5) |-----------------|--------------------| | | | | | | | Date |Expira- | | Amount or| | | | | |----------|----------------| Exer- |tion | Title | Number of| | | | | | Code| V | (A) | (D) | cisable|Date | | Shares | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |COMMON STOCK OPTIONS | | | | | | | | | COMMON | | | |(RIGHT TO BUY) | $10.00 | (3) | -- | -- | 80,000| -- | 8/13/98| 7/30/08| STOCK | 80,000 | -- | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |COMMON STOCK OPTIONS | | | | | | | | | COMMON | | | |(RIGHT TO BUY) | $ 6.56 |1/21/00(4)| -- | -- | 20,000| -- | 1/21/00| 1/21/10| STOCK | 20,000 | -- | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |SERIES B CONVERTIBLE | | | | | | | | | COMMON | | | |PREFERRED STOCK | 1 for 10 |4/16/02 | C | -- | -- | 1,000 | -- | -- | STOCK | 10,000 | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------ | 9. Number of | 10. Ownership | 11. Nature of | | Derivative | Form of | Indirect | | Securities | Derivative | Beneficial | | Beneficially | Security: | Ownership | | Owned at End | Direct (D) | (Instr. 4) | | of Month | or Indirect (I) | | | (Instr. 4) | (Instr. 4) | | | | | | |---------------------|-------------------------------|----------------------| | 80,000 | D | | |---------------------|-------------------------------|----------------------| | 20,000 | D | | |---------------------|-------------------------------|----------------------| | 0 | D | | |---------------------|-------------------------------|----------------------| | | | | |---------------------|-------------------------------|----------------------| | | | | |---------------------|-------------------------------|----------------------| | | | | ------------------------------------------------------------------------------ Explanation of Responses: (1) Restricted stock granted under Florida Bank's Amended and Restated Incentive Compensation Plan. This stock grant vests in accordance with the following schedule: 2,186 shares on December 1, 2002, 2,186 shares on December 1, 2003 and 2,185 shares on December 1, 2004. (2) Includes 8,666 shares acquired under the Florida Banks, Inc. Employee Share Purchase Plan. (3) These options were granted on 7/30/98 and vest in eight equal annual /s/ Charles E. Hughes, Jr. 05/30/02 installments beginning 8/13/98. -------------------------------- ---------- (4) These options vest in three equal annual installments beginning on 1/21/01. **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Charles E. Hughes, Jr. 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. Page 2 If space provided is insufficient, see Instruction 6 for procedure. (Print or Type Responses)