SEC Form 4 · accession 0000905729-17-000003
MACATAWA BANK CORP · MCBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew D Hoeksema
Officer — Senior Vice President
Period of report
Dec 30, 2016
Accepted (ET)
Jan 3, 2017 · 2:30 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 | Dec 30, 2016 | A | 3,408 | $0.00 | A | 25,601 | D | |
| Common Stock | holding | — | — | — | 26,029 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 32,011 | I | By Wife's 401(k) |
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 December 12, 2017, and will be fully vested on December 12, 2019. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.