TALMER BANCORP, INC. 4
4 · TALMER BANCORP, INC. · Filed Aug 31, 2016
Insider Transaction Report
Form 4
HODGES PAUL E. III
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2016-08-31−29,424→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical Financial Corporation ("Chemical") in exchange for total cash consideration of approximately $47,373 and total stock consideration of 13,902 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.