TOMCZYK JAMES E 4
4 · CHEMICAL FINANCIAL CORP · Filed Mar 6, 2018
Insider Transaction Report
Form 4
TOMCZYK JAMES E
Other
Transactions
- Exercise/Conversion
Common Stock
2018-03-02+5,625→ 25,104 total - Tax Payment
Common Stock
2018-03-02$56.00/sh−1,632$91,392→ 23,472 total - Exercise/Conversion
Restricted Stock Performance Units
2018-03-02−3,750→ 0 total→ Common Stock (5,625 underlying)
Footnotes (2)
- [F1]Restricted stock performance units converted into shares of common stock upon the attainment by the Company of certain financial performance criteria upon completion of the year ended December 31, 2017 and the reporting person's satisfaction of the service requirement as of February 28, 2018. Each restricted stock performance unit was converted to 1.5 shares of common stock, as performance targets were achieved at the maximum level.
- [F2]Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock performance units.