SEC Form 4 · accession 0001209191-16-117402
BANK MUTUAL CORP · BKMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Herr
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001123270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 2, 2016 | S | 2,500 | $8.1672 | D | 26,086 | I | In trust |
| Common StockF2,F1 | May 2, 2016 | G | 2,500 | — | D | 23,586 | I | In trust |
| Common StockF2,F3 | May 2, 2016 | G | 2,500 | — | A | 8,927 | I | In trust |
| Common Stock | holding | — | — | — | 14,083 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to buyF4 | $5.05 | holding | — | — | — | — | Jan 18, 2021 | Common Stock | 15,000 | 15,000 | D |
| Options to buyF5 | $3.39 | holding | — | — | — | — | Jan 17, 2022 | Common Stock | 15,000 | 15,000 | D |
| Options to buyF6 | $4.82 | holding | — | — | — | — | Jan 22, 2023 | Common Stock | 11,000 | 11,000 | D |
| Options to buyF7 | $7.17 | holding | — | — | — | — | Jan 21, 2024 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1As trustee of the Herr-Huebner Revocable Trust.
- F2Filed on a voluntary basis to reflect a change in the form of ownership. No purchase or sale was involved.
- F3As trustee of the Mark Herr & Sarah Herr Revocable Living Trust.
- F4Directors Stock Option. The option is fully vested.
- F5Stock options granted under the 2004 Stock Incentive Plan. The options (15,000 in the original grant) vest in annual installments of 20% each beginning January 17, 2013.
- F6Stock options granted under the 2004 Stock Incentive Plan. The options (11,000 in the original grant) vest in annual installments of 20% each beginning January 22, 2014.
- F7Stock options granted under the 2004 Stock Incentive Plan. The options (7,500 in the original grant) vest in annual installments of 20% each beginning January 21, 2015.