X0303 4/A 2009-12-03 2009-12-03 0 0001364856 Monarch Financial Holdings, Inc. MNRK 0001365468 BENSON JEFFREY F 1101 EXECUTIVE BOULEVARD CHESAPEAKE VA 23320 1 0 0 0 common stock 37589 D common stock 2970 D common stock 2970 D Series B Preferred Stock 8 2009-12-03 2009-12-03 4 P 0 200 25 A 1988-08-08 1988-08-08 common stock 625 200 D stock options 6.06 2001-09-20 2011-09-19 common stock 3564 3564 D stock options 6.06 2004-07-16 2014-07-15 common stock 10890 14454 D stock options 9.04 2005-09-14 2015-09-13 common stock 3300 17754 D custodian for daughter custodian for son The full name of the Series B Preferred Stock is "7.80% Series B Noncumulative Convertible Perpetual Preferred Stock." The Series B Preferred Stock is exercisable immediately and has no expiration date. Each share of Series B Preferred Stock is convertible to 3.125 shares of the underlying security. Brad E. Schwartz, by power of attorney 2010-01-29