CHEMICAL FINANCIAL CORP 4
4 · CHEMICAL FINANCIAL CORP · Filed Mar 3, 2017
Insider Transaction Report
Form 4
Kerber Lynn
Other
Transactions
- Exercise/Conversion
Common Stock
2017-03-01+1,452→ 11,660 total - Tax Payment
Common Stock
2017-03-01$54.81/sh−458$25,103→ 11,202 total - Exercise/Conversion
Restricted Stock Performance Units
2017-03-01−968→ 0 total→ Common Stock (1,452 underlying)
Holdings
- 3,888.394(indirect: By 401(k))
Common Stock
Footnotes (2)
- [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, 2016 and the reporting person's satisfaction of the service requirement as of March 1, 2017. Each restricted stock unit was converted to 1.5 shares of common stock, as performance targets were achieved at the maximum level.
- [F2]Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock units.