SEC Form 4/A · accession 0001209191-18-005522
BANK MUTUAL CORP · BKMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael T Crowley Jr.
Director
Period of report
Jan 22, 2018
Accepted (ET)
Jan 26, 2018 · 12:57 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 StockF1,F2 | Jan 22, 2018 | M | 15,000 | $5.05 | A | 1,586,274 | D | |
| Common Stock | Jan 22, 2018 | M | 20,000 | $3.39 | A | 1,606,274 | D | |
| Common Stock | Jan 22, 2018 | M | 12,000 | $4.82 | A | 1,618,274 | D | |
| Common Stock | Jan 22, 2018 | M | 8,000 | $7.17 | A | 1,626,274 | D | |
| Common Stock | Jan 22, 2018 | F | 23,631 | $10.95 | D | 1,602,643 | D | |
| Common StockF3 | holding | — | — | — | 217,164 | I | By Trust | |
| Common StockF1 | holding | — | — | — | 141,539 | I | By Spouse | |
| Common StockF1,F4 | holding | — | — | — | 135,657 | I | By Trust | |
| Common StockF1,F2,F5 | holding | — | — | — | 159,858 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to buyF6 | $5.05 | Jan 22, 2018 | M | 15,000 | D | — | Jan 18, 2021 | Common Stock | 15,000 | 0 | D |
| Options to buyF6 | $3.39 | Jan 22, 2018 | M | 20,000 | D | — | Jan 17, 2022 | Common Stock | 20,000 | 0 | D |
| Options to buyF6 | $4.82 | Jan 22, 2018 | M | 12,000 | D | — | Jan 22, 2023 | Common Stock | 12,000 | 0 | D |
| Options to buyF7 | $7.17 | Jan 22, 2018 | M | 8,000 | D | — | Jan 21, 2024 | Common Stock | 8,000 | 2,000 | D |
Explanation of responses
- F1Includes shares acquired through a dividend reinvestment plan.
- F2Reflects distributions from the Bank Mutual Corporation 401(k) Plan and Benefit Restoration Plan that are exempt from reporting.
- F3Held as trustee (executor-equivalent) of a trust owning a corrected 441,269 shares of common stock. Mr. Crowley Jr. is a 50% beneficiary of the total assets in the trust. The reported shares exclude 224,105 shares held in the trust for the benefit of, and designated for distribution to, a member of Mr. Crowley Jr.'s family, as to which Mr. Crowley Jr. disclaims any pecuniary interest.
- F4As trustee of a family trust.
- F5Held in the Bank Mutual Corporation 401(k) Plan.
- F6Stock options granted under the 2004 Stock Incentive Plan. The options are fully vested.
- F7Stock 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.
Remarks
This amended form is filed to correct software errors that resulted in an incorrect year in Box 3 and an incorrect starting amount of securities directly beneficially owned in column 5 of Table I.