CHEMICAL FINANCIAL CORP 4
4 · CHEMICAL FINANCIAL CORP · Filed Mar 3, 2017
Insider Transaction Report
Form 4
TOMCZYK JAMES E
Other
Transactions
- Tax Payment
Common Stock
2017-03-01$54.81/sh−1,591$87,203→ 18,996 total - Exercise/Conversion
Common Stock
2017-03-01+5,034→ 20,587 total - Exercise/Conversion
Restricted Stock Performance Units
2017-03-01−3,356→ 0 total→ Common Stock (5,034 underlying)
Holdings
- 8,696(indirect: By Spouse)
Common Stock
Footnotes (4)
- [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.
- [F3]Includes 228 shares held jointly with the reporting person's daughter and two sons.
- [F4]The reporting person disclaims any beneficial ownership of all shares owned by his wife. The filing of this statement shall not be construed as an admission that the reporting person is, for purposes of Section 16 of the Exchange Act of 1934 or for any other purpose, the beneficial owner of the securities owned by his wife.