SEC Form 4 · accession 0001412665-15-000050
MidWestOne Financial Group, Inc. · MOFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Morrison
Director · 10% Owner
Period of report
May 1, 2015
Accepted (ET)
May 4, 2015 · 9:19 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001412665
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2015 | A | 2,723,083 | — | A | 2,723,083 | I | By self as trustee of the John M. Morrison Revocable Trust #4 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares received in exchange for shares of the common stock of Central Bancshares, Inc., a privately held Minnesota corporation, held by the John M. Morrison Revocable Trust #4 in connection with the merger of Central Bancshares, Inc. with and into MidWestOne Financial Group, Inc., pursuant to the terms and conditions of that certain Agreement and Plan of Merger, dated November 20, 2014, between Central Bancshares, Inc. and MidWestOne Financial Group, Inc. MidWestOne Financial Group, Inc. is the surviving corporation. The John M. Morrison Revocable Trust #4, as the sole shareholder of Central Bancshares, Inc., received $64.0 million in cash and 2,723,083 shares of MidWestOne Financial Group, Inc. as merger consideration. Mr. Morrison serves as the trustee of the John M. Morrison Revocable Trust #4. On May 1, 2015, the closing date of the merger, the closing price of MidWestOne Financial Group, Inc. common stock was $29.31 per share.