SEC Form 4 · accession 0001127602-16-043712
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 24, 2016
Accepted (ET)
Feb 26, 2016 · 9:24 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, 2016 | F | 548 | $30.83 | D | 58,798 | D | |
| Common StockF2 | Feb 25, 2016 | M | 915 | $30.83 | A | 59,713 | D | |
| Common StockF3 | Feb 25, 2016 | F | 285 | $30.83 | D | 59,428 | D | |
| Common StockF4 | holding | — | — | — | 36,070 | I | By Revocable Trust | |
| Common StockF5 | holding | — | — | — | 36,071 | 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 UnitsF6 | $0.00 | Feb 24, 2016 | A | 4,715 | A | — | — | Common Stock | 4,715 | 4,715 | D |
| Stock Option (Right to Buy)F7 | $30.33 | Feb 24, 2016 | A | 4,139 | A | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 4,139 | 4,139 | D |
| Restricted Stock UnitsF8 | $0.00 | Feb 24, 2016 | A | 3,772 | A | — | — | Common Stock | 3,772 | 3,772 | D |
| Restricted Stock UnitsF9 | $0.00 | Feb 24, 2016 | A | 297 | A | — | — | Common Stock | 297 | 297 | D |
| Restricted Stock UnitsF2,F10 | $0.00 | Feb 25, 2016 | M | 915 | D | — | — | Common Stock | 915 | 2,745 | D |
| Stock Option (Right to Buy)F11 | $31.26 | holding | — | — | — | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 3,522 | 3,522 | D |
| Performance Share UnitsF6 | $0.00 | holding | — | — | — | — | — | Common Stock | 4,575 | 4,575 | D |
Explanation of responses
- F1Transaction represents withholding of shares to satisfy tax withholding obligation upon vesting of restricted stock.
- F10Restricted 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).
- F11Option 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).
- F2Transaction represents settlement of restricted stock units.
- F3Transaction represents withholding of shares to satisfy tax withholding obligation upon settlement of restricted stock units.
- F4Represents shares held by the Michael D. Sharkey Revocable Trust under agreement dated February 8, 2004.
- F5Represents shares held by the Susan D. Sharkey Revocable Trust under agreement dated February 8, 2004.
- F6Performance based vesting
- F7Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 24, 2017).
- F8Restricted 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 February 24, 2017).
- F9Restricted stock units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan. One-half of the restricted stock units are scheduled to vest on February 24, 2017 and one-half of the restricted stock units are scheduled to vest on February 24, 2018.