TAYLOR CAPITAL GROUP INC 4
4 · TAYLOR CAPITAL GROUP INC · Filed Aug 19, 2014
Insider Transaction Report
Form 4
Moskow Michael H
Director
Transactions
- Disposition to Issuer
Common Stock
2014-08-18−5,705→ 0 total - Disposition to Issuer
Common Stock
2014-08-18−14,005→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock (Option to Buy)
2014-08-18$1.32/sh−150,000$198,000→ 0 totalExercise: $20.00Exp: 2016-12-23→ Common Stock (150,000 underlying) - Disposition to Issuer
Common Stock
2014-08-18−71,183→ 0 total(indirect: By Trust)
Footnotes (6)
- [F1]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 3,669 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $23,276 of cash.
- [F2]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 9,007 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $57,140 of cash.
- [F3]Held by Suzanne M.K. Moskow Marital Trust dated 3/8/08, for which Mr. Moskow is co-trustee.
- [F4]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 45,783 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $290,427 of cash.
- [F5]Held By Michael H. Moskow Trust dated 3/23/00, for which Mr. Moskow is trustee.
- [F6]This option, which provided for vesting in four equal annual installments beginning December 23, 2009, was canceled in the merger in exchange for a cash payment of $198,000, 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.