SEC Form 4 · accession 0000892712-16-001487
BAYLAKE CORP · BYLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin L LaLuzerne
Officer — Chief Financial Officer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 5:06 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Mar 15, 2016 | A | 1,958 | $15.17 | A | 1,958 | D | |
| Common StockF2 | holding | — | — | — | 15,513 | D | ||
| Common Stock | holding | — | — | — | 4,160 | I | By IRA | |
| Common Stock | holding | — | — | — | 4,535 | I | By ESPP | |
| Common Stock | holding | — | — | — | 10,000 | I | By Baylake Bank 401K Plan FBO Kevin LaLuzerne | |
| Restricted Stock UnitsF3 | holding | — | — | — | 3,415 | D | ||
| Restricted Stock UnitsF4 | holding | — | — | — | 2,362 | D | ||
| Restricted Stock UnitsF5 | holding | — | — | — | 1,093 | D | ||
| Restricted Stock UnitsF6 | holding | — | — | — | 2,333 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The aggregate restricted stock units were granted on 3/15/16 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.
- F2Increased shares reflect vested restricted stock units.
- F3The 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.
- F4The 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.
- F5The 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.
- F6The 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.