SEC Form 4 · accession 0001209191-17-063018
BANK MUTUAL CORP · BKMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher L Mayne
Officer — Senior VP of Bank Mutual
Period of report
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 4:13 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 | Nov 29, 2017 | M | 7,500 | $3.39 | A | 74,500 | D | |
| Common Stock | Nov 29, 2017 | M | 9,000 | $4.82 | A | 83,500 | D | |
| Common StockF1 | Nov 29, 2017 | S | 16,500 | $10.7923 | D | 67,000 | 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 buyF2 | $3.39 | Nov 29, 2017 | M | 7,500 | D | — | Jan 17, 2022 | Common Stock | 7,500 | 2,500 | D |
| Options to buyF3 | $4.82 | Nov 29, 2017 | M | 9,000 | D | — | Jan 22, 2023 | Common Stock | 9,000 | 3,000 | D |
| Options to buyF4 | $7.17 | holding | — | — | — | — | Jan 21, 2024 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $10.75 to $10.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- F2Stock options granted under the 2004 Stock Incentive Plan. The options are fully vested.
- F3Stock options granted under the 2004 Stock Incentive Plan. The options (12,000 in the original grant) vest in annual installments of 20% each beginning January 22, 2014.
- F4Stock options granted under the 2004 Stock Incentive Plan. The options (10,000 in the original grant) vest in annual installments of 20% each beginning January 21, 2015.