SEC Form 4 · accession 0000712534-17-000104
FIRST MERCHANTS CORP · FRME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C Rechin
Officer — Chief Executive Officer · Other
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 3:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712534
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2017 | M | 15,000 | $28.25 | A | 114,628 | D | |
| Common Stock | Mar 1, 2017 | M | 5,000 | $15.32 | A | 119,628 | D | |
| Common Stock | Mar 1, 2017 | F | 1,346 | $40.67 | D | 118,282 | D | |
| Common Stock | Mar 1, 2017 | S | 11,461 | $40.67 | D | 106,821 | D | |
| Common StockF1 | Mar 1, 2017 | S | 5,000 | $40.67 | D | 101,821 | D | |
| Common Stock | holding | — | — | — | 4,673 | I | by 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $28.25 | Mar 1, 2017 | M | 15,000 | D | Feb 27, 2010 | Feb 27, 2018 | Common Stock | 15,000 | 0 | D |
| Employee Stock Option (right to buy) | $15.32 | Mar 1, 2017 | M | 5,000 | D | Feb 19, 2015 | Feb 19, 2023 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Includes Restricted Stock Awards totaling 29,117.617 shares
Remarks
Exhibit 24; Confirming Statement