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Insider Trading: MACKINAC FINANCIAL CORP /MI/

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of MACKINAC FINANCIAL CORP /MI/ in the last 24 months are illustrated in figures 1 and 2. Table 1 shows the monthly insider trading data of MACKINAC FINANCIAL CORP /MI/ since year 2005. Table 2 shows the detailed insider transactions of MACKINAC FINANCIAL CORP /MI/ since 2005. The reporting company's ticker symbol is MFNC. The reporting company's CIK number is 36506.

The total value of stock buying since 2005 is $85,056. The total value of stock sales is $0. The total value of stock exercises is $0.


1 year stock price chart,   1 day stock price chart
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Figure 1. Monthly insider transaction values at MACKINAC FINANCIAL CORP /MI/ (MFNC) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • $32,021

    $3,202

    $320

    $32

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at MACKINAC FINANCIAL CORP /MI/ (MFNC) in the past 24 months. See table 2 for insider transaction details.

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • $9.70

    $7.27

    $4.85

    $2.42



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for MACKINAC FINANCIAL CORP /MI/ (MFNC).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-03 1,845 15,987 0 0 0 0
2008-02 3,750 32,021 0 0 0 0
2007-10 1,000 9,000 0 0 0 0
2007-08 1,000 9,700 0 0 0 0
2007-07 1,000 8,970 0 0 0 0
2007-05 1,000 9,378 0 0 0 0

Table 2. Detailed insider stock purchases, sales, and option exercises for MACKINAC FINANCIAL CORP /MI/ (MFNC)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-03-11 Garea Joseph D (Director) Purchase 258 8.65 2,231
2008-03-11 Paschke Randolph Clare (Director) Purchase 129 8.65 1,115
2008-03-11 Aspatore Walter J (Director) Purchase 258 8.65 2,231
2008-03-11 Bittner Dennis (Director) Purchase 800 8.65 6,920
2008-03-03 Mahaney Robert Edward Ii (Director) Purchase 400 8.72 3,490
2008-02-29 Tobias Paul Davison (Chief Executive Officer) Purchase 3,000 8.51 25,538
2008-02-29 George Kelly W (President*) Purchase 250 8.49 2,122
2008-02-19 George Kelly W (President*) Purchase 500 8.72 4,361
2007-10-30 Krueger Ernie R (Vice President & CFO) Purchase 1,000 9.00 9,000
2007-08-16 Tobias Paul Davison (Chief Executive Officer) Purchase 1,000 9.70 9,700
2007-07-27 Tobias Paul Davison (Chief Executive Officer) Purchase 1,000 8.97 8,970
2007-05-08 Paschke Randolph Clare (Director) Purchase 1,000 9.38 9,378

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of MACKINAC FINANCIAL CORP /MI/ (symbol MFNC, CIK number 36506) see the Securities and Exchange Commission (SEC) website.

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