SEC Form 4 · accession 0001209191-18-000754
BANK MUTUAL CORP · BKMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Dosland
Officer — Senior Vice President-CFO
Period of report
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 3:52 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 | Jan 2, 2018 | M | 15,000 | $5.05 | A | 51,907 | D | |
| Common Stock | Jan 2, 2018 | M | 20,000 | $3.39 | A | 71,907 | D | |
| Common Stock | Jan 2, 2018 | M | 9,600 | $4.82 | A | 81,507 | D | |
| Common Stock | Jan 2, 2018 | M | 6,000 | $7.17 | A | 87,507 | D | |
| Common Stock | holding | — | — | — | 37,600 | I | Held in IRA | |
| Common Stock | holding | — | — | — | 6,800 | I | By wife in IRA | |
| Common StockF1,F2 | holding | — | — | — | 12,734 | I | Held in 401(k) |
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 | Jan 2, 2018 | M | 15,000 | D | — | Jan 18, 2021 | Common Stock | 15,000 | 0 | D |
| Options to buyF3 | $3.39 | Jan 2, 2018 | M | 20,000 | D | — | Jan 17, 2022 | Common Stock | 20,000 | 0 | D |
| Options to buyF4 | $4.82 | Jan 2, 2018 | M | 9,600 | D | — | Jan 22, 2023 | Common Stock | 9,600 | 2,400 | D |
| Options to buyF5 | $7.17 | Jan 2, 2018 | M | 6,000 | D | — | Jan 21, 2024 | Common Stock | 6,000 | 4,000 | D |
| Options to buyF3 | $12.025 | holding | — | — | — | — | Aug 18, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Includes shares acquired through a dividend reinvestment plan.
- F2Held in the Bank Mutual Corporation 401(k) Plan.
- F3Stock options granted under the 2004 Stock Incentive Plan. The options are fully vested.
- F4Stock 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.
- F5Stock 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.