4//SEC Filing
TAYLOR CAPITAL GROUP INC 4
Accession 0001025536-14-000052
CIK 0001025536operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 6:29 PM ET
Size
13.1 KB
Accession
0001025536-14-000052
Insider Transaction Report
Form 4
Lynch John J
Vice Chairman Cole Taylor Bank
Transactions
- Disposition to Issuer
Common Stock
2014-08-18−22,182→ 0 total - Disposition to Issuer
Common Stock (Option to Buy)
2014-08-18$15.09/sh−9,562$144,291→ 0 totalExercise: $6.23Exp: 2017-11-05→ Common Stock (9,562 underlying) - Disposition to Issuer
Common Stock
2014-08-18−146,292→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2014-08-18−13,700→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2014-08-18−1,850→ 0 total(indirect: By IRA)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 94,092 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $596,871 of cash.
- [F2]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 8,811 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $55,896 of cash.
- [F3]Shares held in a self-directed Rollover IRA.
- [F4]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. Of the 22,182 shares, 9,089 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 13,093 shares were disposed of in exchange for 8,421 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $53,419 of cash.
- [F5]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 1,189 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $7,548 of cash.
- [F6]Shares held in a self-directed IRA.
- [F7]This option, which provided for vesting in four equal annual installments beginning November 5, 2012, was canceled in the merger in exchange for a cash payment of $144,291, representing the difference between the exercise price and the merger consideration which would have otherwise been received for each share of stock underlying the option, calculated using the average closing price of MB Financial's common stock for the 10 trading days preceeding the closing of the merger.
Documents
Issuer
TAYLOR CAPITAL GROUP INC
CIK 0001025536
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001025536
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 6:29 PM ET
- Size
- 13.1 KB