SEC Form 4 · accession 0001209191-17-008436
BANK MUTUAL CORP · BKMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Herr
Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 7, 2017 · 6:17 pm EST
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 Stock | Feb 7, 2017 | M | 15,000 | $5.05 | A | 30,663 | D | |
| Common Stock | Feb 7, 2017 | M | 15,000 | $3.39 | A | 45,663 | D | |
| Common Stock | Feb 7, 2017 | M | 8,800 | $4.82 | A | 54,463 | D | |
| Common StockF1 | holding | — | — | — | 8,927 | I | In trust | |
| Common StockF2 | holding | — | — | — | 23,586 | I | In trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to buyF3 | $5.05 | Feb 7, 2017 | M | 15,000 | D | — | Jan 18, 2021 | Common Stock | 15,000 | 0 | D |
| Options to buyF3 | $3.39 | Feb 7, 2017 | M | 15,000 | D | — | Jan 17, 2022 | Common Stock | 15,000 | 0 | D |
| Options to buyF4 | $4.82 | Feb 7, 2017 | M | 8,800 | D | — | Jan 22, 2023 | Common Stock | 11,000 | 2,200 | D |
| Options to buyF5 | $7.17 | holding | — | — | — | — | Jan 21, 2024 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1As trustee of the Mark Herr & Sarah Herr Revocable Living Trust.
- F2As trustee of the Herr-Huebner Revocable Trust.
- F3Directors Stock Options. The options are fully vested.
- F4Stock 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.
- F5Stock 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.