SEC Form 4 · accession 0001127602-15-008925
MB FINANCIAL INC /MD · MBFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Morton
Other
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 9:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001139812
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | A | 2,901 | $0.00 | A | 2,901 | D | |
| Common StockF2 | Feb 25, 2015 | A | 3,327 | $0.00 | A | 3,327 | D | |
| Common Stock | holding | — | — | — | 17,672 | D | ||
| Common StockF3 | holding | — | — | — | 19,581 | I | By IRA | |
| Common StockF3 | holding | — | — | — | 430 | I | By IRA #2 | |
| Common StockF4 | holding | — | — | — | 3,954 | I | With Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF5 | $0.00 | Feb 25, 2015 | A | 4,159 | A | — | — | Common Stock | 4,159 | 4,159 | D |
| Stock Option (Right to Buy)F6 | $31.26 | Feb 25, 2015 | A | 3,202 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 3,202 | 3,202 | D |
Explanation of responses
- F1Transaction represents the grant of restricted stock to the reporting person under the Amended and Restated Omnibus Incentive Plan. One-half of the shares are scheduled to vest on February 25, 2016 and one-half of the shares are scheduled to vest on February 25, 2017.
- F2Transaction represents the grant of restricted stock to the reporting person under the Amended and Restated Omnibus Incentive Plan. The shares are scheduled to vest ratably over 4 years (25% per year beginning February 25, 2016).
- F3Represents shares held in an individual retirement account for the benefit of Mr. Morton.
- F4Shares held jointly by Mr. Morton and his spouse.
- F5Performance based vesting
- F6Option to purchase shares of common stock granted to the reporting person under Issuer's Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning on February 25, 2016).