4//SEC Filing
TALMER BANCORP, INC. 4
Accession 0000905729-16-000680
CIK 0001360683operating
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 5:19 PM ET
Size
7.7 KB
Accession
0000905729-16-000680
Insider Transaction Report
Form 4
SCHELLENBERG THOMAS L.
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2016-08-31−557,033→ 0 total - Disposition to Issuer
Stock Option (rights to buy)
2016-08-31−25,000→ 0 totalExercise: $8.25Exp: 2023-01-02→ Class A Common Stock (25,000 underlying)
Footnotes (2)
- [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 $896,823 and total stock consideration of 263,198 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.
- [F2]These options, which were fully vested on the January 2, 2013 grant date, were assumed by Chemical in the merger and replaced with an option to purchase 12,698 shares of Chemical common stock for $16.24 per share.
Documents
Issuer
TALMER BANCORP, INC.
CIK 0001360683
Entity typeoperating
IncorporatedMI
Related Parties
1- filerCIK 0001360683
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 5:19 PM ET
- Size
- 7.7 KB