SEC Form 4 · accession 0000019612-19-000062

CHEMICAL FINANCIAL CORP · CHFC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · Other

Period of report

Feb 27, 2019

Accepted (ET)

Mar 1, 2019 · 4:08 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
Common Stock^F1	Feb 27, 2019	M	1,464	$0.00	A	23,527	D
Common Stock^F2	Feb 27, 2019	F	419	$46.48	D	23,108	D
Common Stock^F3	Feb 28, 2019	M	2,896	$0.00	A	26,004	D
Common Stock^F4	Feb 28, 2019	F	829	$45.83	D	25,175	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Service-Based Units^F1	—	Feb 27, 2019	M	1,428	D	—	—	Common Stock	1,428	5,711	D
Restricted Stock Performance Units^F3	—	Feb 28, 2019	M	3,218	D	—	—	Common Stock	2,896	0	D

F1Restricted stock service-based units converted into shares of common stock at the end of the first year of a 5-year vesting period. Dividend equivalents accrued on the restricted stock service-based units.
F2Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock service-based units.
F3Restricted stock performance units converted into shares of common stock upon the attainment by the Company of certain financial performance criteria upon completion of the year ended December 31, 2018 and the reporting person's satisfaction of the service requirement as of February 28, 2019. Each restricted stock performance unit was converted to 0.9 share of common stock, as performance targets were achieved at below the targeted level.
F4Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock performance units.