SEC Form 4 · accession 0000019612-18-000009
CHEMICAL FINANCIAL CORP · CHFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M. Lievense
Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 26, 2018 · 3:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 25, 2018 | M | 5,682 | $13.20 | A | 28,669 | D | |
| Common Stock | Jan 25, 2018 | F | 2,536 | $58.87 | D | 26,133 | D | |
| Common Stock | Jan 25, 2018 | M | 6,061 | $14.78 | A | 32,194 | D | |
| Common Stock | Jan 25, 2018 | F | 2,909 | $58.87 | D | 29,285 | D | |
| Common StockF1 | Jan 26, 2018 | S | 6,298 | $57.92 | D | 22,987 | D | |
| Common Stock | Jan 26, 2018 | G | 2,987 | $0.00 | D | 20,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $13.20 | Jan 25, 2018 | M | 5,682 | D | — | Sep 30, 2020 | Common Stock | 5,682 | 0 | D |
| Stock OptionsF2 | $14.78 | Jan 25, 2018 | M | 6,061 | D | — | Sep 30, 2020 | Common Stock | 6,061 | 0 | 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 $57.73 to $58.07, inclusive. The reporting person undertakes to provide to Chemical Financial Corporation, any security holder of Chemical Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Vested in conjunction with the merger of Lake Michigan Financial Corporation with and into Chemical Financial Corporation at the close of business May 31, 2015.