SEC Form 4 · accession 0001437749-15-001589
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
Jan 30, 2015
Accepted (ET)
Feb 2, 2015 · 2:25 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 | Jan 30, 2015 | P | 2,000 | $12.20 | A | 8,869 | I | By IRA |
| Common Stock | holding | — | — | — | 3,707 | D | ||
| Restricted Stock UnitsF1 | holding | — | — | — | 1,554 | D | ||
| Restricted Stock UnitsF2 | holding | — | — | — | 2,331 | D | ||
| Restricted Stock UnitsF3 | holding | — | — | — | 1,911 | D | ||
| Restricted Stock UnitsF4 | holding | — | — | — | 750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $4.15 | holding | — | — | — | — | Mar 15, 2021 | Common Stock | 3,885 | 3,885 | D |
| Stock OptionsF6 | $6.20 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 3,885 | 3,885 | D |
| Stock OptionsF7 | $9.50 | holding | — | — | — | — | Mar 19, 2023 | Common Stock | 2,932 | 2,932 | D |
| Stock OptionsF8 | $13.90 | holding | — | — | — | — | Mar 18, 2024 | Common Stock | 3,198 | 3,198 | D |
Explanation of responses
- F1The aggregate restricted stock units were granted on 3/15/2011 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.
- F2The aggregate restricted stock units were granted on 4/1/2012 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 3/19/2013 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 3/18/2014 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 stock options were granted on 3/15/2011 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.
- F6The aggregate stock options were granted on 4/1/2012 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 3/19/2013 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 3/18/2014 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.