0001649739-23-000280.txt : 20231002 0001649739-23-000280.hdr.sgml : 20231002 20231002151410 ACCESSION NUMBER: 0001649739-23-000280 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231002 DATE AS OF CHANGE: 20231002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEO ANTHONY N CENTRAL INDEX KEY: 0001224266 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41068 FILM NUMBER: 231299249 MAIL ADDRESS: STREET 1: 700 CENTRAL AVE CITY: SAINT PETERSBURG STATE: FL ZIP: 33701 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BayFirst Financial Corp. CENTRAL INDEX KEY: 0001649739 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 593665079 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 700 CENTRAL AVENUE STREET 2: SUITE 102 CITY: ST PETERSBURG STATE: FL ZIP: 33701 BUSINESS PHONE: 727-399-5600 MAIL ADDRESS: STREET 1: 700 CENTRAL AVENUE STREET 2: SUITE 102 CITY: ST PETERSBURG STATE: FL ZIP: 33701 FORMER COMPANY: FORMER CONFORMED NAME: First Home Bancorp Inc DATE OF NAME CHANGE: 20150731 4 1 wk-form4_1696274041.xml FORM 4 X0508 4 2023-09-30 0 0001649739 BayFirst Financial Corp. BAFN 0001224266 LEO ANTHONY N 700 CENTRAL AVE ST. PETERSBURG FL 33701 1 1 0 0 Chief Executive Officer 0 Series C Cumulative Convertible Preferred Stock 2023-09-30 4 P 0 25 1000 A 2023-09-30 2033-09-30 Common Stock 25 D Mr. Leo acquired 25 shares of Series C Cumulative Convertible Preferred Stock. The Series C Cumulative Convertible Preferred Stock has a liquidation preference of $1,000 per share. The holders of Series C Cumulative Convertible Preferred Stock have the right to convert such shares into shares of common stock at a conversion ratio equal to the quotient of: (i) the $1,000 liquidation preference; divided by (ii) the tangible book value per share of common stock, calculated on the basis of BayFirst Financial Corp. financial statements, as of the last day of the calendar quarter occurring prior to the date on which a holder exercises the conversion right; provided, however, that tangible book value shall be adjusted to reflect a subsequent quarter end only on the last day of the month succeeding such quarter end. /s/ Barbara Felts, Attorney-in-fact 2023-10-02