SEC Form 4 · accession 0001437749-17-005904
MBT FINANCIAL CORP · MBTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph S Daly
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 2:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001118237
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock UnitsF1,F2,F3 | $0.00 | Mar 31, 2017 | J | 881 | A | Dec 31, 2017 | — | Common Stock | 881 | 83,031 | D |
Explanation of responses
- F1This transaction is pursuant to an election under the Company's Director Compensation Plan to have the director's quarterly retainer deferred and paid in common stock units.
- 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.