MACATAWA BANK CORP 4
4 · MACATAWA BANK CORP · Filed Dec 1, 2014
Insider Transaction Report
Form 4
MACATAWA BANK CORP(MCBC)
Hoeksema Matthew D
Senior Vice President
Transactions
- Award
Common Stock
2014-11-26+5,500→ 23,834 total - Tax Payment
Common Stock
2014-11-26$5.06/sh−1,126$5,698→ 22,708 total
Holdings
- 26,029.32(indirect: By 401 (k) Plan)
Common Stock
Footnotes (2)
- [F1]Reports the grant of shares of restricted stock under the Macatawa Bank Corporation 2006 Stock Compensation Plan ("Plan"). These shares will vest at the rate of one-third each year beginning on November 20, 2015, and will be fully vested on November 20, 2017. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.
- [F2]Reports shares withheld by Macatawa Bank Corporation to satisfy tax withholding obligations incident upon the vesting of shares of restricted stock, the grant of which was previously reported.