SEC Form 4 · accession 0001209191-15-000101
MBT FINANCIAL CORP · MBTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph S Daly
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 2, 2015 · 12:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001118237
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 31, 2014 | J | 626 | $4.99 | A | 112,105 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock UnitsF2,F3 | $0.00 | Dec 31, 2014 | A | 1,323 | A | Dec 31, 2014 | — | Common Stock | 1,323 | 71,314 | D |
| Stock Only Stock Appreciation Rights | $1.52 | holding | — | — | — | Dec 31, 2010 | Jan 4, 2020 | Common Stock | 4,000 | 4,000 | D |
| Stock Only Stock Appreciation Rights | $2.35 | holding | — | — | — | Dec 31, 2013 | Jan 2, 2023 | Common Stock | 6,369 | 6,369 | D |
Explanation of responses
- F1This transaction is pursuant to an election under the Company's Director Compensation Plan to have a portion of the director's quarterly retainer paid in common stock.
- F2Shares of common stock will be delivered to the director on the earlier of December 31, 2026 or 60 days following termination of service, death or disability.
- F3The common stock units do not have an expiration date.