SEC Form 4 · accession 0001519695-16-000165

TCF FINANCIAL CORP · TCF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman · Director

Period of report

Sep 2, 2016

Accepted (ET)

Sep 7, 2016 · 4:26 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000814184

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F5	Sep 2, 2016	M	800,000	$12.85	A	1,767,687	D
Common Stock^F5	Sep 2, 2016	F	749,829	$14.62	D	1,017,858	D
Common Stock^F1	holding	—	—		—	20,560	I	By KSOP as of 8/31/2016
Common Stock^F1,F2	holding	—	—		—	137,662	I	By SERP Trust as of 8/31/2016
Common Stock^F1,F2	holding	—	—		—	9,577	I	Deferred Compensation Plan
Common Stock^F1,F2	holding	—	—		—	1,250,000	I	Deferred Stock Comp. Plan
Preferred Stock Series A (TCBPRB)^F3	holding	—	—		—	20,000	D
Preferred Stock Series B (TCBPRC)	holding	—	—		—	20,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (right to buy)^F4	$12.85	Sep 2, 2016	M	800,000	D	—	Aug 1, 2018	Common Stock	800,000	0	D

F1The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934, the beneficial owner of any equity securities covered by this statement other than those owned directly by the undersigned.
F2The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.
F3Represents depositary shares each representing 1/1000th interest in a share of Series A Non-Cumulative Perpetual Preferred Stock of TCF Financial Corporation.
F4The option vested in 2 installments: 50% vested on January 1, 2011; the remaining 50% on January 1, 2012.
F5Represents net cashless exercise of stock options, with shares withheld to pay the exercise price and tax withholding.