SEC Form 4 · accession 0001360683-16-000191
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 15, 2016
Accepted (ET)
Aug 17, 2016 · 5:43 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 Stock | Aug 15, 2016 | M | 175,000 | $6.50 | A | 245,480 | D | |
| Class A Common Stock | Aug 15, 2016 | M | 150,000 | $8.25 | A | 395,480 | D | |
| Class A Common Stock | Aug 15, 2016 | F | 199,519 | $22.57 | D | 195,961 | D | |
| Class A Common Stock | holding | — | — | — | 6,000 | I | By Brandon S. Collins Trust dtd 05/27/2010 | |
| Class A Common Stock | holding | — | — | — | 5,000 | I | By James Alexander Collins Trust dtd 05/27/2010 | |
| Class A Common Stock | holding | — | — | — | 7,912 | I | By LaVerne B. Collins Trust dtd 11/08/2002 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $8.25 | Aug 15, 2016 | M | 150,000 | D | Jan 2, 2013 | Jan 2, 2023 | Class A Common Stock | 150,000 | 0 | D |
| Employee Stock Option (right to buy)F2 | $6.50 | Aug 15, 2016 | M | 175,000 | D | — | Mar 25, 2021 | Class A Common Stock | 175,000 | 0 | D |
Explanation of responses
- F1The option was immediately exercisable on the grant date of January 2, 2013.
- F2The option is exercisable in three equal annual installments. The first and second installments became exercisable on March 25, 2012 and March 25, 2013, respectively, and the third installment became exercisable on March 25, 2014.