BAYLAKE CORP 4
4 · BAYLAKE CORP · Filed Mar 16, 2016
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
GILSON MICHAEL J
Market President
Transactions
- Award
Restricted Stock Units
2016-03-15$15.17/sh+1,216$18,447→ 1,216 total
Holdings
- 7,973
Common Stock
- 42,886.661(indirect: By IRA)
Common Stock
- 2,306.404(indirect: By Son)
Common Stock
- 1,673
Restricted Stock Units
- 690
Restricted Stock Units
- 1,670
Restricted Stock Units
Footnotes (5)
- [F1]The aggregate restricted stock units were granted on 3/15/16 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F2]Increased shares reflect vested restricted stock units.
- [F3]The aggregate stock options were granted on 4/1/12 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- [F4]The aggregate restricted stock units were granted on 3/19/13 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F5]The aggregate restricted stock units were granted on 3/18/14 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.