SEC Form 4 · accession 0001127602-16-043718
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 24, 2016
Accepted (ET)
Feb 26, 2016 · 9:42 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 Stock | holding | — | — | — | 23,900 | D | ||
| Common StockF1 | holding | — | — | — | 19,581 | I | By IRA | |
| Common StockF1 | holding | — | — | — | 430 | I | By IRA #2 | |
| Common StockF2 | 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 UnitsF3 | $0.00 | Feb 24, 2016 | A | 4,286 | A | — | — | Common Stock | 4,286 | 4,286 | D |
| Stock Option (Right to Buy)F4 | $30.33 | Feb 24, 2016 | A | 3,763 | A | Feb 24, 2017 | Feb 24, 2026 | Common Stock | 3,763 | 3,763 | D |
| Restricted Stock UnitsF5 | $0.00 | Feb 24, 2016 | A | 3,429 | A | — | — | Common Stock | 3,429 | 3,429 | D |
| Restricted Stock UnitsF6 | $0.00 | Feb 24, 2016 | A | 956 | A | — | — | Common Stock | 956 | 956 | D |
| Stock Option (Right to Buy)F7 | $31.26 | holding | — | — | — | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 3,202 | 3,202 | D |
| Performance Share UnitsF3 | $0.00 | holding | — | — | — | — | — | Common Stock | 4,159 | 4,159 | D |
Explanation of responses
- F1Represents shares held in an individual retirement account for the benefit of Mr. Morton.
- F2Shares held jointly by Mr. Morton and his spouse.
- F3Performance based vesting
- F4Option 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).
- F5Restricted 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).
- F6Restricted 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.
- F7Option 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).