SEC Form 4 · accession 0001225208-15-015990
COMMUNITY FINANCIAL SHARES INC · CFIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Beth Moran
Director
Period of report
Jul 24, 2015
Accepted (ET)
Jul 28, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001123735
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 24, 2015 | D | 31,202 | $0.00 | D | 0 | D | |
| Common StockF2 | Jul 24, 2015 | D | 30,000 | $0.00 | D | 0 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to an Agreement and Plan of Merger, dated as of March 2, 2015 among the issuer, Wintrust Financial Corporation and Wintrust Merger Sub LLC (the "Merger Agreement"), each share of issuer common stock was converted into the right to receive 0.013 shares of Wintrust Financial Corporation common stock and $0.71 in cash, plus cash in lieu of a fraction of a share of Wintrust common stock to which the holder might otherwise be entitled, such amount being determined by multiplying such fraction by $54.37. Accordingly, on July 24, 2015, the effective date of the merger, the reporting person's shares of issuer common stock were disposed of in exchange for 405 shares of Wintrust Financial Corporation common stock and $22,187.46 in cash.
- F2Pursuant to the Merger Agreement each share of issuer common stock was converted into the right to receive 0.013 shares of Wintrust Financial Corporation common stock and $0.71 in cash, plus $54.37 for any fractional share of Wintrust Financial Corporation common stock to which the individual would have been otherwise entitled. Accordingly, on July 24, 2015, the effective date of the merger, the reporting person's shares of issuer common stock were disposed of in exchange for 390 shares of Wintrust Financial Corporation common stock and $21,300.00 in cash.
Remarks
Exhibit List: Exhibit 24 Power of Attorney