PADNOS DOUGLAS B 4
4 · MACATAWA BANK CORP · Filed Nov 14, 2022
Insider Transaction Report
Form 4
PADNOS DOUGLAS B
Director
Transactions
- Award
Common Stock
2022-11-09+1,699→ 118,151 total
Holdings
- 5,500(indirect: By Trust)
Common Stock
- 10,281.33(indirect: By Partnership)
Common Stock
Footnotes (1)
- [F1]Reports the grant of shares of restricted stock under the Macatawa Bank Corporation Stock Incentive Plan of 2015 ("Plan"). These shares will vest at the rate of one-third each year beginning on November 9, 2023, and will be fully vested on November 9, 2025. Before vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.