SEC Form 4 · accession 0001437749-15-000921
BAYLAKE CORP · BYLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Bondowski
Officer — SVP - Dir. of Sales & Mkting
Period of report
Jan 20, 2015
Accepted (ET)
Jan 21, 2015 · 3:50 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Jan 20, 2015 | A | 1,281 | $0.00 | A | 1,281 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The aggregate restricted stock units were granted on 1/20/2015 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.