SEC Form 4 · accession 0001469134-17-000139
First Community Financial Partners, Inc. · FCFP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy C Thygesen
Officer — Chief Executive Officer · Director
Period of report
Jul 2, 2017
Accepted (ET)
Jul 5, 2017 · 12:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001469134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 2, 2017 | D | 169,467 | — | D | 0 | D | |
| Common StockF1 | Jul 2, 2017 | D | 4,200 | — | D | 0 | I | By minor child for which Mr. Thygesen is custodian |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 2, 2017, First Busey Corporation ("BUSE") completed the previously announced merger of First Community Financial Partners, Inc. ("FCFP") with and into BUSE, pursuant to the Agreement and Plan of Merger, dated February 6, 2017, by and between BUSE and FCFP (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, at the effective time of the merger, the shares of FCFP common stock were converted into the right to receive $1.35 in cash and 0.396 shares of BUSE common stock (the "stock consideration"), with cash paid in lieu of fractional shares. Based on the closing stock price of BUSE common stock on the NASDAQ Global Select Market on June 30, 2017, the trading day immediately prior to the closing date of the merger, of $29.68, the value of the stock consideration was $11.75.