SEC Form 4 · accession 0000905729-16-000695
CHEMICAL FINANCIAL CORP · CHFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori A Gwizdala
Officer — EVP of Special Projects
Period of report
Aug 31, 2016
Accepted (ET)
Sep 1, 2016 · 2:28 pm EDT
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 | Aug 31, 2016 | S | 200 | $46.08 | D | 47,931 | D | |
| Common Stock | Aug 31, 2016 | G | 100 | $0.00 | D | 47,831 | D | |
| Common Stock | Aug 31, 2016 | M | 3,308 | $24.52 | A | 51,139 | D | |
| Common Stock | Aug 31, 2016 | F | 2,244 | $46.23 | D | 48,895 | D | |
| Common StockF1 | holding | — | — | — | 650 | I | By husband in trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $24.52 | Aug 31, 2016 | M | 3,308 | D | — | Feb 25, 2018 | Common Stock | 3,308 | 0 | D |
| Restricted Stock Service-Based UnitsF3 | — | Aug 31, 2016 | A | 3,976 | A | — | — | Common Stock | 3,976 | 3,976 | D |
Explanation of responses
- F1The reporting person disclaims any beneficial ownership of all shares owned by her husband. 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 her husband.
- F2Vested in three equal annual installments beginning on February 25, 2009.
- F3Award of restricted stock service-based units convertible into shares of common stock on a 1-for-1 basis at the end of a 3-year vesting period. Dividend equivalents will accrue under this award.