4//SEC Filing
CASCADE BANCORP 4
Accession 0000899243-17-014982
CIK 0000865911operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 3:52 PM ET
Size
8.0 KB
Accession
0000899243-17-014982
Insider Transaction Report
Form 4
CASCADE BANCORPCACB
Johnson Dennis L
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2017-05-30$7.54/sh−4,569$34,450→ 0 totalExercise: $0.00→ Common Stock (4,569 underlying) - Disposition to Issuer
Common Stock
2017-05-30−7,779→ 0 total
Footnotes (3)
- [F1]Pursuant to the Merger Agreement (defined below), each outstanding share of common stock of the Issuer (defined below) was converted into the right to receive $1.91 in cash plus 0.14864 shares of First Interstate Class A common stock. First Interstate Class A common stock had a closing market value of $34.30 on the date of the merger.
- [F2]Pursuant to the Restricted Stock Unit Agreement between Mr. Johnson and the Issuer, the restricted stock units were held until Mr. Johnson's retirement or separation from the Issuer's board of directors.
- [F3]Pursuant to the Merger Agreement, each outstanding restricted stock unit of the Issuer was cancelled in exchange for the right to receive cash in an amount equal to (i) $7.54 multiplied by (ii) the number of shares of Cascade common stock subject to such restricted stock unit.
Documents
Issuer
CASCADE BANCORP
CIK 0000865911
Entity typeoperating
IncorporatedOR
Related Parties
1- filerCIK 0000865911
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 3:52 PM ET
- Size
- 8.0 KB