SEC Form 4 · accession 0001567619-19-002174
FIRST BUSEY CORP /NV/ · BUSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael David Cassens
Director
Period of report
Jan 31, 2019
Accepted (ET)
Feb 1, 2019 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000314489
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 31, 2019 | A | 182,878 | — | A | 182,878 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 22,284 shares of The Banc Ed Corp. common stock in connection with the merger of The Banc Ed Corp. with and into First Busey Corporation (the "Merger"). At the effective time of the Merger, each share of The Banc Ed Corp. converted to the right to receive 8.2067 shares of common stock of First Busey Corporation and $111.53 in cash. Based on First Busey Corporation's five-day volume weighted average closing price of $25.71 on January 31, 2019, the implied per share purchase price was $322.52 per share of The Banc Ed Corp. common stock.