SEC Form 4 · accession 0001127602-15-008937
MB FINANCIAL INC /MD · MBFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Sharkey
Other
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 9:35 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 | 3,578 | $0.00 | A | 3,578 | D | |
| Common Stock | holding | — | — | — | 55,768 | D | ||
| Common StockF2 | holding | — | — | — | 36,306 | I | By Revocable Trust | |
| Common StockF3 | holding | — | — | — | 36,306 | I | By Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF4 | $0.00 | Feb 25, 2015 | A | 4,575 | A | — | — | Common Stock | 4,575 | 4,575 | D |
| Stock Option (Right to Buy)F5 | $31.26 | Feb 25, 2015 | A | 3,522 | A | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 3,522 | 3,522 | D |
| Restricted Stock UnitsF6 | $0.00 | Feb 25, 2015 | A | 3,660 | A | — | — | Common Stock | 3,660 | 3,660 | 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.
- F2Represents shares held by the Michael D. Sharkey Revocable Trust under agreement dated February 8, 2004.
- F3Represents shares held by the Susan D. Sharkey Revocable Trust under agreement dated February 8, 2004.
- F4Performance based vesting
- F5Option 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).
- F6Restricted stock units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The restricted stock units vest annually over 4 years (25% per year beginning on February 25, 2016).