SEC Form 4 · accession 0000905729-15-000337
MACATAWA BANK CORP · MCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Haan
Officer — CEO and President · Director
Period of report
Nov 25, 2015
Accepted (ET)
Nov 25, 2015 · 3:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053584
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 25, 2015 | A | 16,000 | $0.00 | A | 251,050 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reports the grant of shares of restricted stock under the Macatawa Bank Corporation Stock Incentive Plan of 2015 ("Plan"). These shares will vest at the rate of one-third each year beginning on November 25, 2016, and will be fully vested on November 25, 2018. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.