SEC Form 4 · accession 0000905729-15-000060
CHEMICAL FINANCIAL CORP · CHFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Collins
Officer — Exec V.P., Gen. Counsel & Secy
Period of report
Feb 21, 2015
Accepted (ET)
Feb 24, 2015 · 4:26 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 StockF1,F3 | Feb 21, 2015 | M | 488 | $0.00 | A | 3,584 | D | |
| Common StockF2 | Feb 21, 2015 | F | 151 | $30.09 | D | 3,433 | D | |
| Common StockF4 | holding | — | — | — | 4,924 | I | By 401(k) Plan | |
| Common StockF5 | holding | — | — | — | 49 | I | By son | |
| Common StockF5 | holding | — | — | — | 11 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 21, 2015 | M | 442 | D | — | — | Common Stock | — | 0 | D |
Explanation of responses
- F1Restricted stock units converted into shares of common stock at the end of a 3-year vesting period. Dividend equivalents accrued on the restricted stock units.
- F2Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock units.
- F3Includes 9.026 shares acquired between 10/1/2014 and 12/31/2014 through the Corporation's Chemical Invest Direct Program.
- F4Between 10/1/2014 and 12/31/2014 the reporting person acquired 88.615 shares of Chemical Financial Corporation common stock under the Chemical Financial Corporation 401(k) Plan.
- F5The reporting person disclaims any beneficial ownership of all shares owned by his sons. The filing of this statement shall not be construed as an admission that the reporting person is, for purposes of Section 16 of the Exchange Act of 1934 or for any other purpose, the beneficial owner of the securities owned by his sons.