FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ELDERS JEFFREY ALAN

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/30/2009 

3. Issuer Name and Ticker or Trading Symbol

GRAND RIVER COMMERCE INC [GNRV]

(Last)        (First)        (Middle)

4471 WILSON AVENUE SW

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Treasurer /

(Street)

GRANDVILLE, MI 49418       

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
COMMON STOCK   2250   D    
COMMON STOCK   11600   I   By individual retirement account  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
ORGANIZER WARRANTS   4/30/2009   4/30/2019   COMMON STOCK   10795   $10.00   D    
DIRECTOR STOCK OPTIONS   4/30/2010   4/30/2019   COMMON STOCK   1667   $10.00   D    
DIRECTOR STOCK OPTIONS   4/30/2011   4/30/2019   COMMON STOCK   1667   $10.00   D    
DIRECTOR STOCK OPTIONS   4/30/2012   4/30/2019   COMMON STOCK   1666   $10.00   D    

Explanation of Responses:

Remarks:
Organizer Warrants: In recognition of the substantial financial risks undertaken by the members of Grand River Commerce,
Inc.'s organizing group, Grand River Commerce, Inc. granted warrants to purchase common stock to such organizers.

Director Stock Options: The stock options listed are a single grant that vests ratably over a three year period, commencing
with the first anniversary of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ELDERS JEFFREY ALAN
4471 WILSON AVENUE SW
GRANDVILLE, MI 49418
X
Treasurer

Signatures
/s/ Jeffrey A. Elders 4/22/2010
** 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 5(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.
Grand River Commerce (QX) (USOTC:GNRV)
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Grand River Commerce (QX) (USOTC:GNRV)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025 Grand River Commerce (QX) 차트를 더 보려면 여기를 클릭.