SEC Form 4 · accession 0000905729-16-000396
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 29, 2016
Accepted (ET)
Feb 2, 2016 · 1:14 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 29, 2016 | M | 12,879 | $12.67 | A | 86,976 | D | |
| Common Stock | Jan 29, 2016 | F | 7,717 | $31.86 | D | 79,259 | D | |
| Common StockF1 | Feb 1, 2016 | S | 5,162 | $32.1909 | D | 74,097 | 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 | $12.67 | Feb 1, 2016 | M | 12,879 | D | — | Apr 26, 2017 | Common Stock | 12,879 | 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 $32.18 to $32.28, 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 range 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.