SEC Form 4 · accession 0000905729-16-000672
TALMER BANCORP, INC. · TLMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary S Collins
Officer — Vice Chairman
Period of report
Aug 31, 2016
Accepted (ET)
Aug 31, 2016 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001360683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 31, 2016 | D | 178,961 | — | D | 17,000 | D | |
| Class A Common StockF2 | Aug 31, 2016 | D | 17,000 | — | D | 0 | D | |
| Class A Common StockF3 | Aug 31, 2016 | D | 6,000 | — | D | 0 | I | By Brandon S. Collins Trust dtd 5/27/2010 |
| Class A Common StockF4 | Aug 31, 2016 | D | 5,000 | — | D | 0 | I | By James Alexander Collins Trust dtd 5/27/2010 |
| Class A Common StockF5 | Aug 31, 2016 | D | 7,912 | — | D | 0 | I | By LaVerne B. Collins Trust dtd 11/8/2002 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical Financial Corporation ("Chemical") in exchange for total cash consideration of approximately $288,127 and total stock consideration of 84,559 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.
- F2In addition, the reporting person held 17,000 shares of unvested restricted stock of the issuer that was assumed by Chemical in the merger and replaced with 8,634 shares of restricted stock of Chemical.
- F3Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical in exchange for total cash consideration of approximately $9,660 and total stock consideration of 2,835 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.
- F4Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical in exchange for total cash consideration of approximately $8,050 and total stock consideration of 2,362 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.
- F5Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical in exchange for total cash consideration of approximately $12,738 and total stock consideration of 3,738 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.