SEC Form 4 · accession 0000892712-15-001142
BAYLAKE CORP · BYLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Hauser
Officer — Senior VP Wealth Services
Period of report
Dec 11, 2015
Accepted (ET)
Dec 14, 2015 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000275119
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 11, 2015 | M | 3,000 | $4.15 | A | 8,889 | D | |
| Common Stock | Dec 11, 2015 | S | 1,658 | $14.56 | A | 7,231 | D | |
| Restricted Stock UnitsF1 | holding | — | — | — | 777 | D | ||
| Restricted Stock UnitsF2 | holding | — | — | — | 1,554 | D | ||
| Restricted Stock UnitsF3 | holding | — | — | — | 1,433 | D | ||
| Restricted Stock UnitsF4 | holding | — | — | — | 600 | D | ||
| Restricted Stock UnitsF5 | holding | — | — | — | 1,280 | D | ||
| Common Stock | holding | — | — | — | 8,869 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6 | $4.15 | Dec 11, 2015 | M | 3,000 | D | — | Mar 15, 2021 | Common Stock | 3,000 | 885 | D |
| Stock OptionF7 | $6.20 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 3,885 | 3,885 | D |
| Stock OptionF8 | $9.50 | holding | — | — | — | — | Mar 19, 2023 | Common Stock | 2,932 | 2,932 | D |
| Stock OptionF9 | $13.90 | holding | — | — | — | — | Mar 18, 2024 | Common Stock | 3,198 | 3,198 | D |
| Stock OptionF10 | $12.52 | holding | — | — | — | — | Mar 17, 2025 | Common Stock | 2,952 | 2,952 | D |
Explanation of responses
- F1The aggregate restricted stock units were granted on 3/15/11and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- F10The aggregate stock options were granted on 3/17/15 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- F2The aggregate restricted stock units were granted on 4/1/12 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- F3The aggregate restricted stock units were granted on 3/19/13 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- F4The aggregate restricted stock units were granted on 3/18/14 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- F5The aggregate restricted stock units were granted on 3/17/15 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- F6The aggregate stock options were granted on 3/15/11 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- F7The aggregate stock options were granted on 4/1/12 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- F8The aggregate stock options were granted on 3/19/13 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- F9The aggregate stock options were granted on 3/18/14 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.