SEC Form 4 · accession 0001519695-18-000016
TCF FINANCIAL CORP · TCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas F Jasper
Officer — Vice Chair and COO · Director
Period of report
Jan 8, 2018
Accepted (ET)
Jan 10, 2018 · 4:28 pm EST
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 StockF4 | Jan 8, 2018 | M | 141,000 | $15.75 | A | 274,819 | D | |
| Common StockF4 | Jan 8, 2018 | F | 123,935 | $21.015 | D | 150,884 | D | |
| Common StockF1 | holding | — | — | — | 14,252 | I | By KSOP as of 11/30/2017 | |
| Common StockF1,F2 | holding | — | — | — | 27,359 | I | By SERP Trust as of 11/30/2017 | |
| Common StockF1,F2 | holding | — | — | — | 231,747 | I | Deferred Stock Comp. Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3 | $15.75 | Jan 8, 2018 | M | 141,000 | D | — | Jan 21, 2018 | Common Stock | 141,000 | 0 | D |
Explanation of responses
- 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 by the undersigned.
- F2The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.
- F3The option vested in 2 installments: 50% vested on January 1, 2011; the remaining 50% on January 1, 2012.
- F4Represents net cashless exercise of stock options, with shares withheld to pay the exercise price and tax withholding