TAYLOR CAPITAL GROUP INC 4
4 · TAYLOR CAPITAL GROUP INC · Filed Aug 19, 2014
Insider Transaction Report
Form 4
Morton Michael
Chief Credit Officer
Transactions
- Disposition to Issuer
Common Stock
2014-08-18−30,445→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2014-08-18−670→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2014-08-18−31,305→ 0 total
Footnotes (5)
- [F1]Amount reported is 27,506 different from what was reported on prior Form 4's due to correction of an error.
- [F2]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. Of the 31,305 shares, 3,828 represent unvested restricted stock awards which, in accordance with the merger agreement, were canceled at the effective time of the merger and converted into the right to receive a cash payment from MB Financial at the time of vesting under the vesting schedule of such awards. The remaining 27,477 shares were disposed of in exchange for 17,672 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $112,106 of cash.
- [F3]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 19,581 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $124,216 of cash.
- [F4]Represents shares held in an individual retirement account for the benefit of Mr. Morton.
- [F5]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 430 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $2,734 of cash.