SEC Form 4 · accession 0001437749-17-001833
MBT FINANCIAL CORP · MBTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott E McKelvey
Officer — Executive Vice President
Period of report
Feb 6, 2017
Accepted (ET)
Feb 7, 2017 · 2:50 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 | Feb 6, 2017 | M | 1,535 | $8.53 | A | 61,366 | D | |
| Common Stock | Feb 6, 2017 | D | 472 | $11.60 | D | 60,894 | D | |
| Common Stock | Feb 6, 2017 | M | 2,887 | $4.90 | A | 63,781 | D | |
| Common Stock | Feb 6, 2017 | D | 887 | $11.60 | D | 62,894 | D | |
| Common Stock | Feb 6, 2017 | M | 2,437 | $5.79 | A | 65,331 | D | |
| Common Stock | Feb 6, 2017 | D | 749 | $11.60 | D | 64,582 | D | |
| Common Stock | Feb 6, 2017 | M | 479 | $8.26 | A | 65,061 | D | |
| Common Stock | Feb 6, 2017 | D | 148 | $11.60 | D | 64,913 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (stock only) | $8.53 | Feb 6, 2017 | M | 5,800 | D | Dec 31, 2010 | Jun 4, 2018 | Common Stock | 1,535 | 0 | D |
| Stock Appreciation Rights (stock only) | $4.90 | Feb 6, 2017 | M | 5,000 | D | Dec 31, 2016 | Mar 7, 2024 | Common Stock | 2,887 | 0 | D |
| Stock Appreciation Rights (stock only) | $5.79 | Feb 6, 2017 | M | 4,866 | D | Dec 31, 2016 | May 28, 2025 | Common Stock | 2,437 | 2,434 | D |
| Stock Appreciation Rights (stock only) | $8.26 | Feb 6, 2017 | M | 1,666 | D | Dec 31, 2016 | Feb 25, 2026 | Common Stock | 479 | 3,334 | D |