SEC Form 4 · accession 0001360683-16-000193
TALMER BANCORP, INC. · TLMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen S. Wendt
Officer — Chief Accounting Officer
Period of report
Aug 17, 2016
Accepted (ET)
Aug 18, 2016 · 5:22 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 17, 2016 | S | 10,976 | $22.449 | D | 40,983 | D | |
| Class A Common Stock | Aug 17, 2016 | M | 22,500 | $7.25 | A | 63,483 | D | |
| Class A Common Stock | Aug 17, 2016 | M | 30,000 | $8.25 | A | 93,483 | D | |
| Class A Common Stock | Aug 17, 2016 | F | 30,638 | $22.44 | D | 62,845 | D |
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)F2 | $8.25 | Aug 17, 2016 | M | 30,000 | D | Mar 19, 2013 | Mar 19, 2023 | Class A Common Stock | 30,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $7.25 | Aug 17, 2016 | M | 22,500 | D | — | Dec 13, 2021 | Class A Common Stock | 22,500 | 27,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.425 to $22.47, inclusive on August 17, 2016. The reporting person undertakes to provide to Talmer Bancorp, Inc., any security holder of Talmer Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares sold at each separate price within the ranges set forth in this Form 4.
- F2The option is immediately exercisable on March 19, 2013.
- F3The option is exercisable in three equal annual installments. The installments became exercisable on December 13, 2012, December 13, 2013, and December 13, 2014, respectively.