CHEMICAL FINANCIAL CORP 4

Accession 0000905729-14-000073

CIK 0000019612operating

View on SEC.gov Company Profile

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 3:37 PM ET

Size

29.3 KB

Accession

0000905729-14-000073

Insider Transaction Report

Form 4

Period: 2014-02-18

CHEMICAL FINANCIAL CORP(CHFC)

Kessler John E

Other

Transactions

Conversion
Common Stock
2014-02-18+2,211→ 4,800 total
Tax Payment
Common Stock
2014-02-18$29.45/sh−679$19,997→ 4,121 total
Award
Stock Options
2014-02-18+926→ 926 total
Exercise: $29.45From: 2015-02-18Exp: 2024-02-19→ Common Stock (926 underlying)
Award
Stock Options
2014-02-18+925→ 925 total
Exercise: $29.45From: 2018-02-18Exp: 2024-02-19→ Common Stock (925 underlying)
Award
Restricted Stock Units
2014-02-18+1,514→ 1,514 total
→ Common Stock (1,514 underlying)
Conversion
Restricted Stock Units
2014-02-18−1,882→ 0 total
→ Common Stock (1,882 underlying)
Award
Stock Options
2014-02-18+926→ 926 total
Exercise: $29.45From: 2016-02-18Exp: 2024-02-19→ Common Stock (926 underlying)
Award
Stock Options
2014-02-18+925→ 925 total
Exercise: $29.45From: 2017-02-18Exp: 2024-02-19→ Common Stock (925 underlying)
Award
Stock Options
2014-02-18+925→ 925 total
Exercise: $29.45From: 2019-02-18Exp: 2024-02-19→ Common Stock (925 underlying)
Award
Restricted Stock Units
2014-02-18+757→ 757 total
→ Common Stock (757 underlying)

Holdings

Common Stock
(indirect: By 401(k))
1,449.499

Footnotes (5)

[F1]Restricted stock 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, 2013 and the reporting person's attainment of the restricted period. Restricted stock units were converted to shares of common stock on a 1.0-for-1.175 basis, as performance targets were achieved above the targeted level.
[F2]Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock units.
[F3]Between 1/1/2013 and 12/31/2013 the reporting person acquired 43.955 shares of Chemical Financial Corporation common stock under the Chemical Financial Corporation 401(k) Plan.
[F4]Award of restricted stock units pursuant to the Chemical Financial Corporation Stock Incentive Plan of 2012. Restricted stock units under this award are convertible into shares of common stock upon the completion of the year ending December 31, 2016, based on the attainment by the Company of certain financial performance criteria in the year ending December 31, 2016 and the reporting person's attainment of the restricted period. Restricted stock units under this award are reported assuming shares of common stock will be issuable on a 1-for-1 basis, but restricted stock units may be convertible on a basis ranging from 0.5-for-1 to 1.5-for-1 depending on the actual performance of the Company.
[F5]Award of restricted stock units convertible into shares of common stock on a 1-for-1 basis at the end of a 5-year vesting period. Dividend equivalents will accrue under this award.

Documents

2 files

Issuer

CHEMICAL FINANCIAL CORP

CIK 0000019612

→

Entity typeoperating

IncorporatedMI

Related Parties

filerCIK 0000019612

Filing Metadata

Form type: 4
Filed: Feb 19, 7:00 PM ET
Accepted: Feb 20, 3:37 PM ET
Size: 29.3 KB

View on SEC.gov