SEC Form 4 · accession 0001144204-15-047611
FIRST DEFIANCE FINANCIAL CORP · FDEF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D. Mulford
Officer — Executive Vice President
Period of report
Aug 7, 2015
Accepted (ET)
Aug 10, 2015 · 12:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000946647
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Aug 7, 2015 | M | 750 | $27.41 | A | 3,386 | D | |
| Common SharesF1,F2 | Aug 7, 2015 | S | 750 | $37.7784 | D | 2,636 | D | |
| Common Shares | holding | — | — | — | 571 | I | Held by ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $27.41 | Aug 7, 2015 | M | 750 | D | Apr 16, 2008 | Apr 16, 2017 | Common Shares | 750 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.622 to $37.898, inclusive. The reporting person undertakes to provide to FDEF, any security holder of FDEF, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
- F2The ending balance differs slightly as a result of purchases in the reporting person's ESPP account.
- F3Stock Options vested 20% per year over five years, beginning on this date.