SEC Form 4 · accession 0001209191-16-116602
ANCHOR BANCORP WISCONSIN INC · ABCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bridge Equities III, LLC
Director
Period of report
May 1, 2016
Accepted (ET)
May 2, 2016 · 10:27 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885322
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 1, 2016 | D | 802,966 | — | D | 0 | D | |
| Common StockF1,F2 | May 1, 2016 | D | 6,020 | — | D | 0 | I | Held by Martin Friedman |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 1, 2016, Anchor BanCorp Wisconsin Inc. ("Anchor") completed the previously announced merger (the "Merger") of Anchor with and into Old National Bancorp ("Old National"), pursuant to the Agreement and Plan of Merger, dated as of January 11, 2016, by and between Anchor and Old National (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, at the effective time of the Merger each share of Anchor common stock issued and outstanding immediately prior to the effective time of the Merger, was converted into the right to receive, at the stockholder's election and subject to proration as set forth in the Merger Agreement, 3.5505 shares of Old National common stock or $48.50 in cash. In accordance with the terms of the Merger Agreement, each restricted stock award granted prior to January 11, 2016 that was outstanding immediately prior to the effective time of the Merger fully vested and was cancelled and converted into the right to (continued in footnote 2)
- F2(continued from footnote 1) receive, at the stockholder's election and subject to proration as set forth in the Merger Agreement, 3.5505 shares of Old National common stock or $48.50 in cash.
Remarks
Bridge Equities III, LLC may be deemed a director by virtue of its right to nominate a representative to serve on ABCW's board of directors. Martin S. Friedman currently serves as Bridge Equities III, LLC's representative on ABCW's board of directors.